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Indeed they do go hand in hand.

People don't get this enough. A home owned is like a long bond owned. The price is simply an expression of the yield, with the yield being notated, primarily, by the 30-year fixed rates.

A lot of people are going to be thinking a lot differently of their financial situation two years from now.

And if you are not going to be able to sit tight for the next 7 years at least, and possible more, there's no reason to buy.

But if you must buy, please consider buying my home. It really is a nice home.

The Hun is always either at your throat or at your feet. Winston Churchill

by r------ on Mon Mar 17th, 2008 at 12:44:24 PM EST
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