50 sats \ 2 replies \ @gmd 18 Sep \ parent \ on: Anddddd With the Cut 2% Inflation Goal is Dead econ
Just curious in practical terms how much would you expect to save from a 50 bps cut over the life of your mortgage?
I don't know. It's not an adjustable rate mortgage, so the savings will be entirely through inflation. Let's say we have 3.5% inflation going forward. That would be more than a 10% reduction in the real value of the mortgage, every three years.