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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Buying a house and sacrificing a really low mortgage rate for the current rates which are so much higher. Any reassurance that the rates should come back down again? Even to 4% or so? Excited about the house but the rate is painful. [/quote] Rates are indeed painful right now. Can you you use it to your advantage and offer lower on the house? That’s what we did. [/quote] Why would the seller care? I am not understanding what you mean. - np[/quote] NP- Sellers should care because a higher interest rate means the house costs the buyer more than houses that were selling at comparable prices a year ago. Sellers are looking at what their neighbors sold homes for when rates were low and prices were high. The buyer is looking at the total cost so could pay more to the seller when interest rebates were low.[/quote]
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