Soldato
- Joined
- 24 Sep 2007
- Posts
- 5,029
Since you asked, IMO there might be a small interest rate cut before the US election, but medium to long term interest rates will rise. However, do your own research.
The more deposit you can put down, the better your mortgage rate can be, since you are borrowing less money and you are less of a risk to the lender.
The other thing to consider is the housing market. It has totally stalled at the moment, so does this mean house prices could come down? In general, house prices rarely go down though, they just stop rising.
The more deposit you can put down, the better your mortgage rate can be, since you are borrowing less money and you are less of a risk to the lender.
The other thing to consider is the housing market. It has totally stalled at the moment, so does this mean house prices could come down? In general, house prices rarely go down though, they just stop rising.