Let me get this straight... Sell your starter home that has a 3% rate and buy a home with an 8% rate? That's the deal?
— SaltyGoat (@SaltyGoat17) March 21, 2024
Let's take a $300k house as an example. At 3% for 30 years that's $155k in interest while at 8% it's $493k in interest. So the plan is give a $10k CREDIT…