That's like an investment call and it all depends on what you think the future holds. Do you think the bubble will burst this fall when no one has money to buy, what... do you think inflation will spike, get a home now while debt is cheap... do you think interest rates will rise? We;; that last one depends on if you are paying cash or taking a loan.
I bought a home 2 months ago with a 3.25% rate.
>That's like an investment call and it all depends on what you think the future holds.
Exactly. I do watch a lot of Peter Schiff.
He has predicted 15 of the last 3 recessions
Exactly, he's about the only one I really 'trust.'
About a year ago at 2.5% for me.
I was looking a year ago, couldn't find the right home for me until last fall.
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