The New Intimacy

Would a 2% fixed rate mortgage prompt you to buy a house, if you don't already have one?

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Contributor: Bignuf Bignuf
When the Federal Reserve met again this past week (Sept 2012), they decided to make changes that will again likely drop home interest rates. If you can get a 30 year, fixed rate mortgage at 2% (unbelievable), would you be prompted to buy a house, even if you are single or married but currently renting?
09/15/2012
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Contributor: darthkitt3n darthkitt3n
Well, we are in the process of closing on a house right now. The rate we have been given so far is very low, close to 3.5%. It's not locked in yet, so if it drops even lower that would be nice.
09/16/2012
Contributor: js250 js250
We just paid our house off earlier this year--HELL NO Not again!!!!
09/16/2012
Contributor: married with children married with children
I would not go out and buy a house just because of a low interest rate. I would buy one because I needed on and could afford it. the low interest rate would be a plus.
09/18/2012
Contributor: gsfanatic gsfanatic
Nope, since I'm not at the point where I want to invest in a house.
09/18/2012