re: Got an appointment with financial advisor Thursday.......

quote:

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if you can accumulate a good down payment , your terms will only improve. Why pay 6 percent for money when in a year you may qualify for 3.25 percent financing?

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This is the central question. If he can qualify for a good rate right now, getting a house may be worth looking into. If not, it probably isn't worth it.

But 3.25% should make anyone