[quote=CA renter]
Out of curiosity, will you be having a large cash position, or will you be financing most of your purchase? This does affect whether it’s best to buy in a relatively low rate/high price environment, or a high rate/low price environment.[/quote]
You may not really ever have the choice as to whether you buy in a low rate/high price environment, or a high rate/low price environment.
About 6 or 7 years ago plenty of folks said they would wait for the high rate/low price environment to buy, because that would be better for their situation. Rates were supposed to go up, etc….
We haven’t had that environment for 15 years. One could spend your whole adult life or career waiting for that.
The only real choice you have is to buy in the current environment and either finance or use large amounts of cash (if you have the cash).
