Quote:
Originally Posted by BIGJake111
I would love to have a house first and a down payment is much more today than it was last year, much less 8 years ago.
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I'm certainly no expert, but you may want to wait 6 mo on buying a house. It sounds like interest rates are going up in next 2 mo. If they do, that will kill the housing mkt and the bubble will burst. Yeah, you may have to take a higher interest rate on your loan if you wait but you'll make up for it in a lower house price. And you can always refinance when rates come back down.
YMMV but worth considering. Ask some trusted experts.