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The cheapest mortgage rate I can get today is 9.13% which is insane. What's the lowest rate you can get? (media.kbin.social)

submitted 1 year ago by briefingWizard936@kbin.social to c/AskKbin@kbin.social

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[–] Hyacathusarullistad@kbin.social 4 points 1 year ago* (last edited 1 year ago) (1 children)

Here in Canada my wife and I got 2.19% at the end of 2021.

Unfortunately the 1100 square foot condo we bought cost us 550k.

[–] Awwab@kbin.social 1 points 1 year ago (1 children)

Ooof

[–] Hyacathusarullistad@kbin.social 2 points 1 year ago

Frankly it was a steal compared to what some of the places we missed out on went for. One place we looked at was listed at 419, we offered 610, and it sold for 731. It was a ~1000 square foot bungalow with a half finished basement.