Home Equity Decisions
A listener seeks advice on whether to use home equity to buy down the interest rate on a new home or to apply it as a larger down payment. The discussion emphasizes the importance of affordability and suggests that if the rate is manageable, it's better to secure the home now and consider refinancing later. The idea of "dating the rate and marrying the home" is highlighted as a strategic approach to navigating current market conditions.In this clip
From this podcast
The Ramsey Show
The Ramsey Show | October 11, 2024
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