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re: (First post) Housing related, what would you do?

Posted on 7/29/22 at 10:47 pm to
Posted by WITNESS23
Member since Feb 2010
13724 posts
Posted on 7/29/22 at 10:47 pm to
Maybe others can chime in but maybe get a 30 year mortgage rather than 15 and you can build savings more quickly for emergencies and home improvements to resell down the line?
Posted by UpstairsComputer
Prairieville
Member since Jan 2017
1587 posts
Posted on 7/30/22 at 8:13 am to
quote:

maybe get a 30 year mortgage rather than 15 and you can build savings more quickly for emergencies and home improvements


And it’s likely you’ll be refinancing as soon as rates drop significantly anyway so you can be building back up while you wait.
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