this thought pushed us to buy this year. Some instantly started mocking us for buying while rates are 6% - but nothing I can see on the horizon is going to halve rates in the near future.
The cost of housing in my city, relative to median wages, is the highest it’s been since interest rates were 18%+, and it ain’t much better in any major city I can find work.
Yeah, my boyfriend and I are in our mid twenties and still not moved out of his parents’ house, but we just made an offer on a house and it was accepted, so fingers crossed.
Shit is already so rough, and yet it doesn’t seem like it’ll get better. It’s a shame, really.
If you don’t have a home now you soon won’t be able to buy one for a very long time.
this thought pushed us to buy this year. Some instantly started mocking us for buying while rates are 6% - but nothing I can see on the horizon is going to halve rates in the near future.
And if they do by some stroke of luck you can refinance
The cost of housing in my city, relative to median wages, is the highest it’s been since interest rates were 18%+, and it ain’t much better in any major city I can find work.
I think the ship has sailed on that one.
You don’t need shelter snowflake. /s
Yeah, my boyfriend and I are in our mid twenties and still not moved out of his parents’ house, but we just made an offer on a house and it was accepted, so fingers crossed.
Shit is already so rough, and yet it doesn’t seem like it’ll get better. It’s a shame, really.