re: interest rates on home mortgages wont fall anytime soon

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Meh, it was 7% in 2008...not that big of a deal, ya'll will survive.
Id gladly play 7% if my home costed half as much to purchase like it did in 2008.

Bunch of dumb comments like this throughout this thread.

“Muh, suck it up young people. The rate was 8-9% back in my day”.

Yeah, and you house costed 50% less, a new truck was 25k, and things at the dollar store actually costed a dollar.

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chill out, like the cool kids in the 80's growing up in Tara...our people only had to pay $144,000 for a house like this one that sold in 2011 for $330,000.

Like this example house.

zillow thinks is is worth $470,000

check out the Deed history...the first owner only paid $69,700 in 1971....looks like the lot was part of some land a developer paid $87,869 in 1970.



its about as close to texas as some of you guys will get, driving down longview drive.