Truth be told I'm kind of terrified of the possibility of mortgage rates going down. Last time they were that low over 80% of residential property purchases were investment corps for almost 2 years straight and that was a huge part of why prices skyrocketed 60% in 5 years. Borrowing money was free so they just did it infinitely.

Rates being that high is killing my home search but I can't compete for a house if they start that up again snatching up every property for 15% above asking with no contingencies within 24 hours of listing