I think that TG’s area is within 10-15% of their bottom (if not at the bottom) right now. Mortgage rates are absolutely going to rise within the next year and beyond.
TG’s posts have always exhibited someone who was doing their homework and using logic and rationale rather than bending towards emotion towards buying a home.
That being said, I think he’s probably going to get a really good deal on a nice home and a low cost mortgage that is going to be way below what he will be able to get if he waits.
I hope it works out for you, TG.
