Ultimately - I would say that buying a house with a stock market “buy low, sell high / time the market” mentality is not wise.

Sometimes you have to get “creative” if home ownership is a near-term important goal you have. We bought our first home in March 2014. In 2013, my fiance and I were looking at how to raise the cash for a down payment (for a 5% conventional).

You’re both right - but to Roz’s point - the 30 yr mortgage rate correlates much more closely to a spread from the 10 yr Treasury yield. Which, as I mentioned in my other post, fluctuates broadly on economic expectations and rate moves across the yield curve - and not strictly the Fed Funds rate. Thanks Kristin!

Good article - I would only add that changes to the Fed Funds rate do not directly translate to a 30 yr mortgage rate. Mortgage rates can and do fluctuate based on market benchmark rate expectations and can rise even in the absence of formal “Fed action”. Many sites like Bankrate.com will show you current and…