What would you do? Try to lock in rates now and invest through inflation or wait for a small price correction?

All purely speculative as we all don’t know what will definitively happen. Just curious what you’d do in my case. Cash available to buy home purely in cash.

1) Try to lock in a home now with a lower interest rate (3.4-3.6) and continue investing the rest and try to ride out inflation. Probably 30 year mortage. ASAP (few months)

2) Try and wait out for a higher interest rate (probably 5-7 from fed raising multiple times) and ideally hope for a lower purchase price on the home itself, but this would lean towards a way higher down payment or trying to pay it off sooner / with cash.

Just curious on what you’d want to do in these situations or the thoughts on it. Figuring prices and interest rates CAN in theory both go up, as well as higher interest rates = higher chance for general market (stock etc) corrections too.

Would be a first time home buyer.

submitted by /u/TwitchScrubing
[link] [comments]

All purely speculative as we all don’t know what will definitively happen. Just curious what you’d do in my case. Cash available to buy home purely in cash. 1) Try to lock in a home now with a lower interest rate (3.4-3.6) and continue investing the rest and try to ride out inflation. Probably 30 year mortage. ASAP (few months) 2) Try and wait out for a higher interest rate (probably 5-7 from fed raising multiple times) and ideally hope for a lower purchase price on the home itself, but this would lean towards a way higher down payment or trying to pay it off sooner / with cash. Just curious on what you’d want to do in these situations or the thoughts on it. Figuring prices and interest rates CAN in theory both go up, as well as higher interest rates = higher chance for general market (stock etc) corrections too. Would be a first time home buyer. submitted by /u/TwitchScrubing [link] [comments]

<a href="Read More“>View Full Article

Need More Commercial Real Estate Leads?SAVE 40% this month!

Our commercial valuation calculator was created to evaluate commercial real estate. In 6 quick steps you will know your NOI, CAP RATE, and IRR.

Now you can get your own branded version of our calculator!