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To: davikkm

This sort of advice is nothing new.

When my wife and I bought our first house in 1986, we were told that it was a good time to buy, because we qualified for the mortgage at 9.5%, and were also told that we could refinance later.

And a couple years later we did refinance at 8% ,and then later refinanced at 7%.


4 posted on 01/24/2024 8:26:54 AM PST by Dilbert San Diego
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To: Dilbert San Diego

According to realtors it is always a good time to buy.

If folks thought it was a bad time to buy the realtors would starve.

Realtors have a conflict of interest which makes their views on the topic a joke.


7 posted on 01/24/2024 8:30:38 AM PST by cgbg ("Our democracy" = Their Kleptocracy)
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To: Dilbert San Diego

We have been in our house since 2000 and have refinanced 5 times. Now at 3.5%.


13 posted on 01/24/2024 8:53:10 AM PST by No Party Affiliation
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