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

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

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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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
js250 js250
We just paid our house off earlier this year--HELL NO Not again!!!!
09/16/2012
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
gsfanatic gsfanatic
Nope, since I'm not at the point where I want to invest in a house.
09/18/2012
Total posts: 5
Unique posters: 5