Do svgs int rates, stock market change house financing?
In the past there have been different takes on how much money to put down on a house and debate on whether to pay ahead and pay off a house early.
In my simple understanding - when rates of return were doing well (stocks, 401K, CD's) it was deemed better to do a standard downpayment or stick with whatever your mort payment was (rather than pay off a house).
Now that rates of return are down, CD's are down - if you were buying a house and had the cash - would you increase your downpayment above the standard 20%? I think rates now are about 5.25 for a 30 yr fixed. For taxes assume single, don't reach the minimum for deductions.
Would how long you planned on keeping the house affect your decision? (assume 5-10 yrs).
how would any assumptions on the rate of inflation affect your decision? (would need a crystal ball but I thought it should be considered?)