# @rodneyinvestor on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DeIs0z6ljtS
- **Gondola URL:** https://gondola.cc/posts/71321126-rodneyinvestor-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/6bfe6195f8.jpg
- **Posted:** 2026-10-06T02:22:08.000+00:00
- **Account Owner:** Rodney Harris Jr. (@rodneyinvestor) — https://gondola.cc/rodneyinvestor

## Caption

Quick correction on slide 2: re-ran it and a $400K loan at 7.49% vs 5.98% is $401 MORE a month, not $276. My math was off.

Point still stands though. Which door are you walking through?

Rates just hit 7.49%. Highest since November 2023.

In February the rate was 5.98%. A $400K loan now costs about $276 MORE every month.

Two doors open.

DOOR 1: Wait for rates to drop and compete with everybody else.

DOOR 2: Buy now, lock the asset, refinance when the number drops.

Which door are you walking through and why? Comment below.

#RealEstate #MortgageRates #HomeBuying #WealthBuilding #Investing

## Stats

- **Views:** 0
- **Likes:** 14
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- **Comments:** 1

## Tags

realestate, mortgagerates, homebuying, investing, wealthbuilding

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