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Conversation Starter
You can always refinance - you can't always renegotiate your rent. The right time to buy is when you have the down payment you want and can afford the corresponding payment. If yes to both of those - get a traditional fixed 3 and things can only get better rate wise
Conversation Starter
Lol exactly - I just want you to take it to go to the odds of you getting approved are higher. Plus not sure if you have your own mortgage broker or going through them but if you are going through them they often get a kick back.
Your mortgages outgo will be less than rent?
The house prices are falling. If rates can be negotiated as they keep falling ( not in another 6 months) perhaps an option is to buy now. Relatively you are paying high interest but net outgo is less compared to rent. Is that rational logic or am I missing something?