Aggregate statistics are most commonly reported on, and some important aspects are nationalized- Fanny and Freddie securitization above all- but housing and pri

Aggregate statistics are most commonly reported on, and some important aspects are nationalized- Fanny and Freddie securitization above all- but housing and pricing dynamics are highly, highly localized, even to the neighborhood. That's why it's "location, location, location". The one thing that will remain true is that fixed rate mortgages are an incredibly good deal for the buyer. Your rate and payments can only go down, not up. Astonishing such a financial product exists. If you can get approval for a loan the payments on which you can afford- with reasonable error bars for your 10 year income- and you can find a property in that budget you can stay in for 10 years- again, reasonable error bars around how the area and your life will change- do your diligence on the property, of course, but do the deal. Good luck.