Even though we know it's "fundamentally wrong" to help our kids too much -- we've been looking at real estate for them. Not sure what kind of "deal" we're going to come up with - and they have to lower their "standards" - 'cause a 4 million dollar house on the lake isn't what Mom and I have in mind... but now is the time to get them into a house/condo/townhome with these super low mortgage rates. We were on Zillow yesterday looking at a $350K town home - and if we put down 50% - their payment would be 5 or 600 a month less than their rent!
Obviously it's the down payment that would be the clincher... for anyone -- but this is a cross in the road that may not happen again in our lifetimes -- depressed house prices AND super cheap fixed rates.
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