Twice this weekend Berkowitz made a comment about the coming bursting of "The Housing Bubble," and I had no idea what he was talking about. With interest rates so low I had always thought now was the perfect time to buy a home
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hm. and jennifer and i are getting ready to buy a house. what *I'VE* been thinking is that we'd better buy quickly before interest rates start going up again.
then again, if housing prices are about to go down the toilet, the market becomes a shining beacon of opportunity for people like us: we get to have more house for less money, since we're not in the refinancing game that everyone else has played in the last 10 years (nor do i think we'll ever be; i've never trusted refinancing).
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So, what's the bad part?
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and jennifer and i are getting ready to buy a house.
what *I'VE* been thinking is that we'd better buy quickly before interest rates start going up again.
then again, if housing prices are about to go down the toilet, the market becomes a shining beacon of opportunity for people like us: we get to have more house for less money, since we're not in the refinancing game that everyone else has played in the last 10 years (nor do i think we'll ever be; i've never trusted refinancing).
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