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calgaryrocks · 02-01-2012, 11:41 AM

question for the board.
let's say I want to buy a $400,000 house. I have enough for a 5% downpayment, but would like to wait and save up until I have 20% (to avoid the cmhc fees). Is it better to jump in now at the low rates, or wait 2 or 3 years until I have the 20%?

02-01-2012, 11:41 AM	#2008
calgaryrocks Powerplay Quarterback Join Date: Nov 2003 Exp:	question for the board. let's say I want to buy a $400,000 house. I have enough for a 5% downpayment, but would like to wait and save up until I have 20% (to avoid the cmhc fees). Is it better to jump in now at the low rates, or wait 2 or 3 years until I have the 20%? __________________ GO FLAMES, STAMPEDERS, ROUGHNECKS, CALVARY, and HITMEN!