I bought my first two houses over the last 10 years and each time I thought we were at the peak, and I was way wrong. First mortgage had over 5% mortgage rate and 2nd was the same.
Outside of closing costs mortgage rates are temporary (can always refi). Land is a finite resource. It should continue to go up.
Outside of closing costs mortgage rates are temporary (can always refi). Land is a finite resource. It should continue to go up.