Michigan Woman Contemplates Mortgage Dilemma Before Moving In with Husband

Reported about 10 hours ago

A Michigan woman, Lauren, is hesitant to sell her home with a favorable 2.875% mortgage rate to move in with her husband. Financial experts on The Ramsey Show advise her to let go of the rate, arguing that the hassle of being a long-distance landlord outweighs the benefits. They suggest she sell her property, access the equity, and focus instead on building a future together with her spouse, despite potentially higher mortgage rates for a new home.

Source: YAHOO

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