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Reply to "1 In 4 DC Homebuyers Paying All Cash In 2026"
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[quote=Anonymous][quote=Anonymous]Rates are not high. 10% would be high. [/quote] Rates are extremely high considering how inflated purchase prices are. 6% wouldn't be high when you could get a SFH in upper NW for $150K, but 6% is extremely high when people want $800K for their house in BFE. Imagine paying $5,000 a month mortgage to live in Gaithersburg or Burke. At 2% you might consider it, at 6% I'd rather kill myself. [/quote]
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