[quote=carlsbadworker]40K at the current interest rate is just $5 or $6 a day. Just saying. There is some magic that the low interest rate could do for the price sensitivity. You made up for that much difference if the rate is 0.5% higher/lower.[/quote]
In last month 10yr T-bond has gone from 1.5 to 2, but 15/30yr Mortgage rates have only gone up 0.2%. If economic numbers improve, rates will rise. If there is big fight over debt ceiling rates will probably go down again.
Because rates are volatile, should you go for extra 40K home? Depends on cash flow, risk tolerance?
