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Reply to "Why don’t people understand that low rates work against them?"
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[quote=Anonymous][quote=Anonymous]Lol. I think many people understand this. But there is absolutely nothing any of us can do to affect interest rates... so what is your point? [/quote] The point is that it is a psychological effect to low rates. We think we’re getting a deal, realtors push saying that ‘it’s a great time to buy’ and it reinforces our idea that we’re getting a deal, and we go all in thinking that’s it’s better for us. This whole low rate environment b.s. it’s never explained to people, and it’s time they figure it out. [/quote]
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