When rates fall, sidelined buyers flood back in and prices rise, but the rate is refinanceable while the purchase price is not.
Why a high income doesn't always mean an easy approval — and how to plan ahead.
This is the question smart buyers wrestle with the most — and the one that gets the most oversimplified answers. "Buying always wins long-term." "Renting gives you flexibility." Both are true in the right context. Neither helps you make a decision.
Most people think about a mortgage the way they think about a car payment — something you get, minimize as fast as possible, and eventually pay off. That framework made sense in previous generations. It doesn't hold up as well when you're buying at $1M+ and have real financial complexity.