The interest rates don't bother me, my first house was 6%. My biggest issue with the market is the outrageous pricing. Many of the homes I'm seeing aren't worth the money.
3 months ago (edited) | 43
I say no because the price of homes are still to high.
3 months ago | 65
My home is fixed at 3.2%. We bought it in 2002 and are still in it now. We want to move but don't dare right now. It's a 1942 sq ft 4 bedroom split level with a payment under $700 a month!. We are very fortunate right now.
3 months ago (edited) | 26
FACT: We need to go back to making a single family home under $30,000 ( paid for free by US Government ). 100% home and land ownership to American and no property taxes.
3 months ago (edited) | 7
2% should be the max rate. We can’t afford insurance, taxes and if you’re so inclined to live in an HOA extortion community, those too. Taxes and insurance ALONE will run $1000 per month. Most higher. It’s insane.
3 months ago | 12
Can't afford a home I'm a blue collar guy. Blue collar wages aren't enough to buy a home and all the included expenses. Taxes, insurance, upkeep and inflation. Homes are not affordable for regular folks anymore.
3 months ago | 9
My first house was on a first time buyer mortgage at 7% and that was a really good, discounted rate at the time.
3 months ago | 7
We waited for years for the interest rate to go down before deciding to bite the bullet & buy before it went higher. Bought last year at 6%. We're a single income household that is down to 1 car and delaying buying our second to keep our expenses low. In our new state of residence, the power bills will be rising 19% every year for the next 5 years. We may have to sell to afford power in a cheaper state. Home ownership in America should NOT be only for upper income! The Federal Reserve Act of 1913 should have been rescinded long before Charles Lindbergh's baby was kidnapped and murdered! He was an open critic of it and they (Elite private banks) murdered his son over it
3 months ago | 2
Mine is 2.5% from a purchase in 2022. Glad I like where I live. Never see that interest rate again ever.
3 months ago | 14
Interest rate could be 1 percent an i still wouldn't pay 250k for a home that sold for 140k 5 years ago.. literally the interest rate now is very close to the past 50 year average. The insane post pandemic greed is the problem. Its not the interest rates. Just wicked American real estate greed...
3 months ago | 4
We built our own home one paycheck at a time and no loans. That’s how we roll 😊
3 months ago | 1
I dont plan on buying a traditional home again. Going tiny home paid in full.
3 months ago | 2
Houses are very expensive in America and property taxes keep going up every year
3 months ago | 2
A generation that doesn’t understand what an anomaly the 3% loan years were. We have returned from that side of the hallucination. The other side, prices, have yet to correct.
3 months ago | 2
Wayne Turner
Would You Buy a Home If Interest Rates Were 5.9% FIXED Rate?
3 months ago | [YT] | 153