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BusinessWeek Says: “If You Don’t Buy a House Now, You’re Stupid or Broke”
December 10th, 2009 by reggiefairchild | 1 commentThe article is pretty compelling: It argues that interest rates, which are at historic lows, are a key driver of your long term cost of owning a home. By buying a house now and locking in these amazing interest rates, you can save yourself many times the amount you might gain by negotiating another $5,000 off the sale price of a house.
The article by Marc Roth is definitely worth a read.

[...] near historic lows, now may be a great time to buy a house or refinance your existing house. As we have previously noted, getting a lower interest rate can save you much more in the long run, than getting a few thousand [...]