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Should I sell the house I bought in 2021?
I bought a house in 2021 at the height of all the crazy housing prices, but we got a 3% rate. Now we are ready for a bigger house but my husband doesn't want to lose our great rate. Is it dumb to give up such low payments?
Asked By Taryn D | Annandale, VA | 23 views | Selling | Updated 2 weeks ago
Answers(2)
Amanda Courtney
REP Realty Group
Don't let a 3% rate become a "golden cage." If your family has outgrown the home, the utility of a larger space outweighs the interest savings. In 2026, use your accumulated 2021 equity as a massive down payment on the new home to neutralize the impact of current 6% rates. If the math still hurts, keep the 2021 home as a rental; that 3% debt is a high-yield asset that will likely cash-flow immediately.
- 5 days ago
Helpful (0)
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Josephine & Raj Sharma
Legacy Homes Realty
This is a very common dilemma right now — you’re not alone. Many homeowners who bought in 2020–2021 locked in amazing rates around 3%, but now need more space. It’s not dumb to sell, but it depends on what’s more important right now:
Why selling can still make sense:
Your family needs more space
Your home has likely gained equity
Upgrading sooner can help long-term
Why some people keep their low rate:
New payments will be higher with today’s rates
Some turn the current home into a rental instead of selling
At the end of the day, it comes down to this:
Is your current home holding your family back?
If yes, upgrading can still be the right move.
Contact your local area agent to see how they can do a cost comparison breakdown before you make your decision.
Why selling can still make sense:
Your family needs more space
Your home has likely gained equity
Upgrading sooner can help long-term
Why some people keep their low rate:
New payments will be higher with today’s rates
Some turn the current home into a rental instead of selling
At the end of the day, it comes down to this:
Is your current home holding your family back?
If yes, upgrading can still be the right move.
Contact your local area agent to see how they can do a cost comparison breakdown before you make your decision.
- 5 days ago
- Helpful (0)
- Unhelpful (0)
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