Been house hunting for a few months now, and honestly, it's getting pretty frustrating. Every time we think we're ready to jump in, mortgage rates tick up again. Seems like every Fed meeting lately means another bump, and I'm starting to wonder if we'll ever catch a break. Anyone else feeling like the dream of homeownership is slipping further away with each announcement? Curious how you guys are handling this... wait it out or bite the bullet now?
I definitely share your frustration here. While the Fed's actions are understandable from an inflation-control perspective, the constant hikes are indeed making homeownership increasingly challenging for many. One thing to keep in mind, though, is that housing markets often adjust to higher rates by stabilizing or even slightly reducing prices over time. It might not feel like it right now, but patience could pay off if you're able to wait a bit longer...though admittedly, timing the market perfectly is nearly impossible.