It’s automation in paying bills and saving money more than self discipline.
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Come on, @caiguycaiguy, why would someone not go fixed rate in these times? Some people still remember rates that were DOUBLE DIGIT for Christ’s sakes!!!
Signed,
Mr. 2.5% fixed rate
Tell me if that rate is ever available again, Jesus my neighbor said they had a similar rate and I’m super jelly
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Sorry, didn’t mean to rub it in…
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I have been indicating to go for fixed rate, during that time 3.25% to 3.75%, rather than teasing ARM. Even now, it is worth changing to fixed at 4.125% or 4% before it is getting hard.
Yes you did 
Come on, it is not like rates went up to 9%!!! Rates are still historically very good…
OMG, I am sounding like my Tracie…
True, 30 year fixed is still attractive now, no doubt !
Gosh, remember these conversations???
Anyways, I am about to do the unthinkable: pay off my 2.50% loan!!! Only about $80K left, but still. Yes, I am leaving money on the table so to speak but it’s a small balance I feel and I want to experience the feeling of actually paying off a mortgage to my first primary home purchase in San Francisco. This is a milestone that I will celebrate and cherish.
On the other hand, short term cds are paying still near 5%…
Finger is on the “request payoff statement” button…
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Have you push that button yet?
If not, there is still time to rethink…
I just got the letter that the cd is about to mature so I have about 2 weeks to decide.
Heck, I am thinking about actually buying some Nvidia stock… LOL
I know, just enjoy the spread in rates while you can…
2.5% is practically free money.
Think hard.
Sure, but with only $80K to go, it is starting to be a nuisance in a way. Pay it off, no more communication with the lender sounds nice too.