Home › Forums › Housing › Home Purchase: Deal or No Deal? Deal › Rates now are at all time
Rates now are at all time lows, true.
But if Rates increase, your selling price will drop.
So who thinks we will have 8 percent 30 year mortgages in 2 years? Sure it makes your payment great, but, it screws you if you want to sell.
There are deals now, but, better to wait until the crisis ends and bottom fish