[quote=deadzone]
So rates are not going up? Okay keep living in your fantasy land. Only a matter of time before it matters. San Diego RE is not immune to interest rates.
[/quote]
Part 1
[quote=deadzone]
So rates are not going up?
[/quote]
Who on this thread is arguing that rates aren’t going up? Name one person on this thread….
Part 2
[quote]
Okay keep living in your fantasy land. Only a matter of time before it matters. San Diego RE is not immune to interest rates.
[/quote]
No one, except you, is making any predictions on when rates will start affecting purchases. You, however, are hell bent on “proving” it’s soon.
Let’s hypothetically say that it’s 10 years (length of a 10/1 arm) before rates really matter. Did you win? Yes, from an argument perspective. From a financial/home purchase perspective, you probably lost. If you’re going to be waiting 10 years before your first home purchase, ouch. Again, the only person you are arguing with is yourself.
