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[quote=Anonymous][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] Sellers care because there are fewer buyers due to the interest rates. [/quote] Homes are still going quickly in my neighborhood even at the higher comp prices. Some are going for over ask. So no, sellers don’t seem to care that the monthly payment for buyers is higher. If the market wasn’t bearing the listing price then sellers would have to drop price because they weren’t getting offers. But I guarantee you a seller isn’t going to care if you come to them with a sob story about interest rates. [/quote]
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