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7 days ago · Buying a house during a recession can be a good idea if you are qualified and willing to wait for prices to drop. However, there are risks during any economic ...
Jun 15, 2023 · If the news of a potential recession worries you, it's likely best to wait, particularly if your main income source is susceptible to an economic downturn. Just ...
Dec 15, 2023 · If you can still afford to buy and maintain your monthly costs at today's rates, then buying now is the better move. You always have the flexibility to ...
5 days ago · And as you might imagine, recessions are a risky time to buy a home. If you lose your job, for example, a lender will be much less likely to approve your loan ...
Sep 20, 2023 · Nobody really knows what will happen with the market, possible recession, etc. IMO, if you want a house and can comfortably afford it right now, you should ...
Feb 2, 2024 · Interest rates are so very low, it is greedy to wait until they get lower. They may or may not. When the rates get lower, buying activity is likely to ramp up.
Oct 11, 2023 · While mortgage rates are currently higher than they've been in decades, buying now allows you to start building equity right away. Plus, there's the advantage ...
Feb 22, 2024 · Homebuyers with more recession proof employment or income should consider buying a home during a recession. Buying a house during a recession is a great ...