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But rates are extremely low. There is never a "right" time; there are only particular circumstances.
by forgetsusername 10y ago
But rates are extremely low. There is never a "right" time; there are only particular circumstances.
- ThrustVectoring 10y 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.