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Renting makes sense for many reasons. Sounds like it makes sense in your situation. Some people are too quick to buy a house for the wrong reasons. Also. reme
by intrasight 3y ago
Renting makes sense for many reasons. Sounds like it makes sense in your situation. Some people are too quick to buy a house for the wrong reasons. Also. remember that you can refinance if the rates drop.
- ejb999 3y agoyou might be able to refinance if rates drop - it is not a guarantee. If you overpay for a house, and then you owe more than it appraises for around the time you want to refinance, you are going to have a very hard time taking advantage of lower interest rates, unless you are also in a position to also pay down the mortgage as part of the re-fi.
- intrasight 3y agoOf course don't overpay. The goal is to underpay.