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Reply to "The seven paths to DC-area home ownership"
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[quote=Anonymous]I am the 3.5% buyer and agree with 12:43. I am just trying to provide a long-term perspective that it's quite possible that you and your spouse may be working for the next 25 years and may be able to buy a little more house than you can afford now but grow into it. FYI, I refinanced out of the FHA after 3.5 years and now have a loan with a 3.375% rate. I lived with a bad backyard and shabby rooms, but budget to "fix" one per year. My point is that sometimes you need to have patience.[/quote]
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