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[quote=Anonymous][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] Hahaha, no. Houses are FLYING off the market right now, PP. You have no idea.[/quote] Yes. There is no supply. So few people want to give up the low low mortgage they locked in during the pandemic. Boomers want to age in place. Millennials are hitting peak earning years and starting families. The other problem is you don’t want to sell if you can’t find your next place. It’s a bit of musics chairs. [/quote]
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