EDMOND — Have you at any time heard of refinancer’s remorse, or residence remodeler’s regret?

Me possibly.

Buyer’s remorse is true, and it really is certainly hitting residence prospective buyers caught up in numerous-bidding scenarios who wound up spending much more for a household than sellers even asked for.

Possibly not, but in all probability so, with excitement about housing bubbles beginning to buzz yet again. A popped bubble in a neighborhood market place, which is the only variety of housing current market, does do problems to prevailing marketplace prices, by definition.

We will see what damage out-of-point out buyers do here if they figure out they’ve overplayed this nearby marketplace, and overpaid, and decide to minimize their losses.

Refinancer’s regret? My spouse and I just did a dollars-out refi, and I have experienced a twinge or two: Oh, Lord, What we carried out to our equity?!


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