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There's a lot of pressure to buy now, which makes me think its probably not a good time to do so. Its really difficult to make any long term decisions when it m
by taurath 11y ago
There's a lot of pressure to buy now, which makes me think its probably not a good time to do so. Its really difficult to make any long term decisions when it might be at the top of the market.
- forgetsusername 11y agoBut rates are extremely low. There is never a "right" time; there are only particular circumstances.
- ThrustVectoring 11y agoRates being low is a bad thing for buying a house. If interest rates were higher, it'd be harder to qualify for a loan at a particular value, so the house you're interested in would be cheaper. Plus, you make money refinancing at a lower rate, and there's no room for rates to fall when they're this low.