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Apr 28, 2024
6:43
:44
pm
g$
All-American
The forward rate curve indicates that better rates are expected
But that probably means a 5% in maybe 18-24 months, so hope and market expectations are on your side.
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g$
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g$
Joined
Jul 23, 2001
Last login
May 14, 2024
Total posts
10,030 (2,683 FO)
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Messages
Author
Time
I feel blessed in just about every aspect of my life except the housing market
federer
Apr 28, 6:16pm
It's sucks. Sometimes the luck I had buying when I did seems like the only thing
fattycoug
Apr 28, 6:25pm
Yeah saving the last couple years has not been helpful.
JuicyJam
Apr 28, 6:28pm
Yeah if I had access to a VA loan I would have bought asap. 0 down and no PMI? Seems like a no brainer
YIsForBrigham
Apr 28, 6:32pm
This^^
Junior Deputy
Apr 28, 6:38pm
Yup. This is how I did it.
justAnotherCoug
Apr 28, 7:39pm
In the same boat - relocating for work and its insane what we cannot afford
Julius Pepperwood
Apr 28, 6:32pm
Where are you relocating to?
Zip
Apr 28, 6:36pm
From utah to oregon
Julius Pepperwood
Apr 28, 6:45pm
A couple hundred a month might not be worth the equity you could pull selling it
kotacoug
Apr 28, 7:31pm
I don’t know how much we could actually pull
Julius Pepperwood
Apr 28, 8:27pm
You’re never seeing interest rates you saw for the last decade ever again.
IGlowInTheDark
Apr 28, 6:35pm
I think most people would settle for just the market of 10-25 years ago, too.
NorthernLight
Apr 28, 6:39pm
The first mortgage I ever got was 8.25%. And I thought I had timed it great because it had just dropped from 8.375%
cheezedawg
Apr 28, 7:17pm
The forward rate curve indicates that better rates are expected
g$
Apr 28, 6:43pm
I would happily take 5%. That would make a big difference!
federer
Apr 28, 7:15pm
Same boat as you. We were in flux on relocating for work, and got cleared for
Pee Wee Reese
Apr 28, 6:44pm
A very wise man recently said "you'll own nothing & be happy". I'm truly
gopman
Apr 28, 7:34pm
You have a good attitude. Honestly a blessing of paying tithing for me has been
NumbersGuy
Apr 28, 7:47pm
This was one of the blessings in disguise for me.
Goliath
Apr 28, 10:18pm
Where are you looking? And have you tried assuming a loan?
kapcreations
Apr 29, 7:48am
Please tell me more. Looking at Charlottesville or Fredericksburg, Virginia.
federer
Apr 29, 12:57pm
Consider Culpeper, VA. Great area in between both F-Burg and C-Ville.
VACOUGFAN
Apr 29, 2:35pm
I do like Culpeper actually. Do you know how the church community is there,
federer
Apr 29, 3:57pm
We have a huge youth program.
VACOUGFAN
Apr 29, 8:31pm
That is awesomely shocking. Housing prices there are much more reasonable than
federer
Apr 29, 9:05pm
VA loan = Veterans affairs, not Virginia
IGlowInTheDark
Apr 29, 3:03pm
Haha that's a funny coincidence. I am familiar with VA loans but it so happens
federer
Apr 29, 3:57pm
you need to find an agent that specializes in VA or FHA assumptions
kapcreations
Apr 29, 4:30pm
Or just use the keyword filter on Zillow
kapcreations
Apr 29, 4:36pm
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