What does this mean? Very simply, it means buy the house you really want.
Committing to the HOUSE doesn’t mean you have to commit to the FINANCING that’s available now for forever!
Smart homeowners always look for a better financing opportunity, and are prepared to make an adjustment when the timing is right for them.
You can always change your financing to more favorable terms later, should better rates and products become available! (Refinancing comes to mind here!)
And if rates only get worse, then you’ll be VERY glad you married the house when you did.