“I am simply advising to take your equity while it is still there, then pounce on the bargains that will inevitably present themselves when the factors I listed in my last post come into serious play.”
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Doesn’t this advice conflict with the position that using a home as an investment/retirement/ATM is unhealthy and is part of the reason why the sky is about to fall? And why pull out of the game now, when interest rates are at the very low end of a 40 year spectrum? When money is at its cheapest, shouldn’t that be taken advantage of? Why not lock into a low fixed rate now? Especially if interest rates are indeed going to “skyrocket”?

If you like your home, would like to stay there if you can, are not intending to use it as an ATM, have built up a cushion of equity and can lock into a fixed rate loan at historically low levels, why sell? You will be disembarking from an environment where you know the variables into the great unknown if you do so. Is this really the smart play?