Finally, my 4.65% refi in 2010 makes me feel smart again.
My daughter and her husband just closed on a house Friday and they had locked in a 4.6% rate and had best be thankful they did at this point. She worked through college and let me manage her money and I had a nice nest egg of $10K in savings, her car paid off and running great and she got through college with no loans. Her new husband has worked since high school and had $20K in savings.
Still upon asking me about buying a house and all that comes with it: taxes, insurance, upkeep etc... He said man that’s a lot of things just to own a home. I said think it over before you buy, both of you. They decided to buy.
With high gas prices and high prices on everything else and now the interest rate jumps get ready for 2008 redux.