Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Want to move but don’t want to change interest rates"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]Rates will not fall.[/quote] We owned a townhouse, bought for same reasons because SFH were so expensive and competitive in our market. Sell ASAP. PP is right. Rates are not going down from here, we won’t see 3% probably in our lifetime. Deal with it. With WFH and rising rates, the value of your TH is going to drop, and likely drop faster than SFH (TH always underperform whatever SFH market is doing so if it is your primary savings vehicle for a SFH it’s a bad choice). I would sell this spring, and buy a longer term home. Or move in spring and rent out and be prepared to duke it out with HOA (though most HOAs HATE rentals, so it would be a nice FU to keep the TH as investment, but only if rent covers entire PITI AND has a moat of desirable features, like walkable to metro). [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
