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Buying a house would great in this market as we are seeing a increase in home equity. If you wait 1 year and 9 months you run the risk that home prices go up and you miss on the opportunity to buy yourself a nice home and rates are still rather low. As the statement below who knows where interest rates will be. You are putting ten percent down, with a low rate and mortgage insurance coming off in 11 years because you are putting 10% down. If you follow rate these couple of years you might just be in a perfect spot.
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For Sale: $199,900
For Sale: $389,000
For Sale: $309,900