Thinking about buying a house or just stay with apt, dont know

[Simon1972]

you guys in the usa pay what ? 1% interest rates? we in australia pay around 7.5%.

if your getting loans for around 1-2 or even 3% go for it! lock it in and get your salary paid directly into your mortgage-use a credit card to live off and have it directly debit the mortgage account on a monthly basis when the credit card is due and you will pay nothing in interest on the c./card.

thats the way i do it here in OZ and our house prices are dearer than USA. my house cost $450,000 and im just a white middle class family man.

[Honkey_Kong]

you guys in the usa pay what ? 1% interest rates? we in australia pay around 7.5%.

if your getting loans for around 1-2 or even 3% go for it! lock it in and get your salary paid directly into your mortgage-use a credit card to live off and have it directly debit the mortgage account on a monthly basis when the credit card is due and you will pay nothing in interest on the c./card.

thats the way i do it here in OZ and our house prices are dearer than USA. my house cost $450,000 and im just a white middle class family man.

1% interest? I think it's right now at like 3.9% for a 30 year. But the numbers change depending on the economy.