sdcellar, I’m a saver, so rates going up = the interest I earn on my savings will go up. Also, house will crash some more, which mean when I’m ready to move up, my next house will probably be around the price I paid for my current house. I prefer low principle & high rates than the other way around. I was just tossing out the 6-7% out there, with no bases for those #. Who knows what they’ll be in the future, when/if price do drop to the $420k level.
