This might be duh for some people, but if you’re like me and considering a mortgage; at today’s rates in the US at around 5-6%, over 30yr mortgage you will pay about same in interest as you will for your house price.
Your $500k house will cost you around $1M total over thirty years.
I was surprised.
Whichever bank is holding your debt as their asset. Which isn’t necessarily the bank that originally underwrote the mortgage, because they may sell it to some other bank.
I got notice that Freddie Mac had bought mine from quicken before my first payment