Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 2 years agoPending home sales drop to a record low, even worse than during the financial crisiswww.cnbc.comexternal-linkmessage-square36fedilinkarrow-up1146
arrow-up1146external-linkPending home sales drop to a record low, even worse than during the financial crisiswww.cnbc.comLee Duna@lemmy.nz to News@lemmy.worldEnglish · 2 years agomessage-square36fedilink
minus-squarezeekaran@sopuli.xyzlinkfedilinkEnglisharrow-up10·2 years agoPaying above asking will cost a lot less than an extra 4% over 30 years.
minus-squaredeegeese@sopuli.xyzlinkfedilinkarrow-up4·2 years agoOverbidding at the start of a run up in prices is a lot less risky than overbidding at the top of the cycle. Unfortunately it’s hard to tell where you are except in hindsight.
minus-squareNegativeLookBehind@kbin.sociallinkfedilinkarrow-up3·2 years agoWhat if you just refinance when the rate drops
Paying above asking will cost a lot less than an extra 4% over 30 years.
Overbidding at the start of a run up in prices is a lot less risky than overbidding at the top of the cycle.
Unfortunately it’s hard to tell where you are except in hindsight.
What if you just refinance when the rate drops