What are the risks of buying with a pricey mortgage if my goal is to refinance later?

… … Your friends advice has some merit but only if there are interest rate cuts in the future so you need to be prepared for mortgage rates that dont come back down … The odds are very good that rates will be down and that a buyer will have the opportunity to refinance but you never …

By Celia Young |July 15, 2024 - 2:30PM