video1.0<iframe src="https://www.loom.com/embed/6d42c94377bc48ad852e957933a88bea" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/6d42c94377bc48ad852e957933a88bea-589c6f00fa0d4036.gif844.8This Loom discusses whether to buy a house right now, emphasizing that the decision should not be based solely on mortgage interest rates. It explains that while rates matter and refinancing may help if rates drop enough, costs and timing can make refinancing not worthwhile, and it should be truly free if offered. The speaker also ties mortgage rates to 10-year bonds rather than the Fed funds rate, noting recent upward trends due to war, gas prices, and inflation. Finally, it cautions that using AI tools can misprice repair requests, illustrated by a ChatGPT suggestion of $12,000 for a tiny leak that the seller ultimately fixed for under $100 with no mold.