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/biz/ - Business & Finance

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56877140 No.56877140 [Reply] [Original]

In your opinion, is it better to buy now and hold the L on interest rates and refinance later OR buy later and hope when interest rates come down house prices don't go nuts?

>> No.56877157

>>56877140
housing will crash 45% from the top, the top is in already

>> No.56877191

you can not time the housing market. buy now and make it your home

>> No.56877211

CRE and MBS are all in the gutter gasping for air begging for rate cuts
right now it's a huge trap: if you buy, you might lock yourself in for absurd rates (relatively)
but, you can also wait and get negative rates when the gravy train resumes
just note that the price can start shitting jet fuel and reach escape velocity
think a miami condo for 90m

>> No.56877399

>>56877140
Look at the difference between payments.

>> No.56877773
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56877773

>>56877140

You buy a home when you can afford the mortgage while still being able to comfortably live the other aspects of your life.

>> No.56878325

Why does everyone care about muh rates? Just buy a house in cash, then you don't have to worry about all this talmudic numerology crap. When you own your home outright, your monthly expenses go way down, so you can drastically reduce your time spent working on the goy farm, and thus reclaim your life.

>> No.56878415
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56878415

>>56878325
Because us wagies don't have 400 grand in cash

>> No.56878466

>>56877140
You generally can't refinance with negative equity.