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Europe Says<p><a href="https://www.europesays.com/1761483/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/1761483/</span><span class="invisible"></span></a> Today’s Mortgage Rates, January 12, 2025 <a href="https://pubeurope.com/tags/arm" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>arm</span></a> <a href="https://pubeurope.com/tags/December" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>December</span></a> <a href="https://pubeurope.com/tags/DownPayment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DownPayment</span></a> <a href="https://pubeurope.com/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> <a href="https://pubeurope.com/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Fed</span></a> <a href="https://pubeurope.com/tags/FixedRateMortgage" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FixedRateMortgage</span></a> <a href="https://pubeurope.com/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Inflation</span></a> <a href="https://pubeurope.com/tags/LastMonth" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LastMonth</span></a> <a href="https://pubeurope.com/tags/loan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>loan</span></a> <a href="https://pubeurope.com/tags/MonthlyPayment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MonthlyPayment</span></a> <a href="https://pubeurope.com/tags/MortgageRate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MortgageRate</span></a> <a href="https://pubeurope.com/tags/rate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>rate</span></a> <a href="https://pubeurope.com/tags/SeveralYear" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SeveralYear</span></a> <a href="https://pubeurope.com/tags/today" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>today</span></a> <a href="https://pubeurope.com/tags/ZillowDatum" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ZillowDatum</span></a></p>
DopeGhoti<p>In the wake of a recent birthday, I started doing some napkin maths today.</p><p>I've never been in a financial position to feasibly consider <a href="https://infosec.exchange/tags/HomeOwnership" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HomeOwnership</span></a>, and it's been becoming less so over time as the years go on and the <a href="https://infosec.exchange/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> gets worse and worse for those not already millionaires. I admit I got a late start feeding a portion of my wages into 401(k)s, but it's still looking like the closest I will ever come to being able to <a href="https://infosec.exchange/tags/Retire" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Retire</span></a> is getting new ones for my car.</p><p>Accumulating enough savings for a 20% <a href="https://infosec.exchange/tags/DownPayment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DownPayment</span></a> on a house when a burnt-out shack in an empty field lists for $300,000? It is to laugh.</p><p>And let's say I do manage to secure property and a mortgage for it? Most times I hear about this being a 30-year debt commitment. I'd be in my seventies before it being due to be paid off.</p><p>I'm a lot better off financially than I was 20 years go -- no debt, car paid off, I do have <em>some</em> savings and I'm no longer living paycheque-to-paycheque. When when I look at it macroscopically, it's hard not to <a href="https://infosec.exchange/tags/Despair" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Despair</span></a>.</p>
Matt Willemsen<p>Mapped: The Median Down Payment for a House, by U.S. State<br><a href="https://www.visualcapitalist.com/cp/median-down-payment-for-a-house-by-state/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">visualcapitalist.com/cp/median</span><span class="invisible">-down-payment-for-a-house-by-state/</span></a> <a href="https://mastodon.social/tags/infographic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>infographic</span></a> <a href="https://mastodon.social/tags/homes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>homes</span></a> <a href="https://mastodon.social/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> <a href="https://mastodon.social/tags/median" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>median</span></a> <a href="https://mastodon.social/tags/DownPayment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DownPayment</span></a> <a href="https://mastodon.social/tags/states" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>states</span></a></p>