Trump Orders Emergency Price Relief for the US Housing Market...A shortage of homes is the ‘number one driver of housing cost,’
(www.theepochtimes.com)
💪 #MAGA. 🇺🇸
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I would like to be in a position to buy my first. Preferably with an acre or two at least.
May God bless your endeavor.
Buy the land, put a used or cheap trailer on it, and build what you want. When it is done you can make the trailer into storage, a workshop, a man cave, or even guest quarters. You could even rent it out to students if near a college.
By doing it that way you can put off actually building until the mortgage interest rates go back down to Trump levels again. My rate I got in 2020 is 2.25%. That makes a MASSIVE difference in your monthly mortgage payment over current rates in the 5s and 6s.
Lol omg....
You mean pandemic rates
No - I bought my house in Jan 2020 - no pandemic was yet declared.
Wow. That's crazy low. National averages in January 2020 were over 3%.
This is literally the rates after it was known something started going on in China. Before it was announced it was a new coronavirus.
https://data.theadvertiser.com/mortgage-rates/2020-01-02/