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Real Estate
Reply to "Is it a good time to buy now?"
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[quote=Anonymous]The right time to buy is when you want to, and can afford what you're looking for. Interest rates in themselves play into it only if 1) you take out a mortgage, and 2) can't make the payments on the mortgage. If you can get a home you like within your financial comfort zone, ignore the interest rates, buy the house, and enjoy living in it. If rates go down you can consider refinancing. If they go up, you'll congratulate yourself for having bought when rates were lower. Meanwhile you'll be a homeowner instead of on the sidelines trying to interpret a crystal ball message about the future direction of interest rates and home prices. [/quote]
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