It's hard to believe but interest rates are not that high, when you look at them with a 10 or 20-year perspective..
Of course, we are now used to paying little when we take on a mortgage, and who did not refinance in the past 8 years? So it looks expensive now to consider a new mortgage - but 10 years ago we were looking at around 6%.
We all hope we don't go back there...
Still, a majority of renters say they want to buy, according to a survey by the National Association of Realtors (NAR).
Thanks for reading,
Home Valuation tool
Detailed, local trends etc...
Current mortgage rates (slight regular uptick)
A worthy local non-profit to remember: Second Harvest Food Bank Santa Clara County.