Hey all! Newer doctor here less than 2 years out of school. Patriot, active in local medical freedom groups for a long time, testified for ivermectin off label use. Enormous school debt.
Anyhow, I want to be a home owner. I believe now is a risky time with anything money related, but want the security of home owning as I don’t want to be priced out completely and my apartment lease is about over. Rent is crazy expensive where I live, literally throwing money away. Homes are very expensive as well.
Any advice for do’s and don’t of home buying at the moment? They’re clearly trying to crash our economy… I’m not sure if this means it’s a good or bad time to buy a home. Would debts transfer the same to a CBDC if my mortgage/student loans are in USD? So many questions, and I don’t trust people clearly looking for me to take out a mortgage without hearing other patriot/anons advice at this moment in history. Thanks in advanced!
Interest rates are killing home sales. Interest hikes make the housing prices drop. It does that because the higher house payments due to increased interest put off buyers.
Unless you think you can weather the high interest to get a better price and later refinance at a lower interest, or have a lot of money to put down up front, I'd wait.