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Reply to "Date the Rate People"
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[quote=Anonymous][quote=Anonymous]This is just bad advice from real estate agents and mortgage brokers that want to make money off of you. Don't buy a house unless you can afford it woth current interest rates. There is no guarantee that rates will go down and you will be able to refinance for a lower payment later. [/quote] Obviously. I can't believe anyone was pushing buyers into buying a house that they couldn't afford at the current rates with the hope that they may go down. More for people who had to buy and who could afford the current rates but would be better off if the rates went down. Hopefully not too many people bought houses that they couldn't afford. That's just stupid. [/quote]
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