Are you going to have to sell it in a year? Is this where you are going to be living your life and raising a family?
Because you should look at a house as your home first, for you and perhaps your family. A placed of comfort and security. The fact that it might be a good investment LONG TERM should be a consideration, but a second consideration.
As you finance most of the home purchase price, your main consideration should be the interest rate and what your monthly cost will be. A decline in a home price will not typically match what the actual costs of the home might be as a result of an increase in interest rates.
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