I'm 32 and never bought a home before, but I'm finally at a point where I'm ready to stay somewhere for a while - I like my job, I feel safe that it's not going away and I don't want to leave it.
I was pre approved last year and didn't really understand how good 2.8% interest was until I compare the monthly payment to current interest rates on Realtor.com and realize it was a great deal!
Is the current 7(ish) percent a good deal, average or kinda high? I would get a 30 year fixed rate and thought I could always wait another year or two if it might be better. I guess there is no way to time it.
Submitted November 06, 2022 at 05:21AM by Fair_Charity_5368 https://ift.tt/16hxtMC