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Folks telling me to not to buy a house because of high interest rates (6.3%) while I have a lower interest rates (3.375%) but isn’t it contradictory?
Folks telling me to not to buy a house because of high interest rates (6.3%) while I have a lower interest rates (3.375%) but isn't it contradictory? Folks telling me to not to buy a house because of high interest rates (6.3%) while I have a lower interest rates (3.375%) but isn't it contradictory since e.g. COVID drove up the home price because of lower interest rates? If I buy at a high interest rate couldn't I just refinance if it ever drops and also benefit same time on the effect of less...
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