[quote=Scarlett]….In my case, I don’t have a big pile of cash at all, just enough for a 20% downpayment. ….. But realistically, with kids, for us is very hard to save money at a significant rate (other than for college/retirement), so our downpayment won’t increase substantially in the next couple of years. That’s why I *might* buy in the next year or so while rates are low.[/quote]
Not to pick on you Scarlett, but here is a person who cannot pay the price of a home (at least, not the home they want), and yet wants to buy one. That our system allows that is nuts.
