What are you waiting for?

well we now have the fiscal cliff looming but rates have still held- not sure how long the federal government can continue to buy bonds and keep the rates low - we keep hearing rates cant go up cant afford it - but there will be a time when the lenders will want their money and as things improve whether slow or quicker rates will go up fast. if you buy now and lock in at unbelievable 15 and 30 yr fixed rates you got CHEAP money. yes you may not get for your house what you would have several years back but your not going to pay what you would have for that move up house that you would have years ago. if you sit on the fence too long you may just end up with a fence post in the wrong spot!!!!