MrsCobraBubbles
Life's too short to wear pants all the time
- Joined
- Jul 24, 2013
I'm on track to be buying a home in the new year, hopefully before my lease runs out in March. The current interest rate is around 7% and rising! I hate the thought of buying a house with the plan to refinance ASAP, but I don't really know what else to do. Does anyone have any good stories about refinancing? Or can you share your experience with buying when the interest rates are so inflated? When my ex husband and I bought our house the interest rate was under 4% so I'm feeling some sticker shock!!! And I read an article recently that was predicting we might see 10% interest rates!! I really want to follow through with my plan to buy but this kind of has me scared and ready to ask my landlord for another lease.