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Feature in WSJ As Home Prices and Mortgage Rates Stay High, Prospective Buyers Put Down Payments on Ice

As Home Prices and Mortgage Rates Stay High, Prospective Buyers Put Down Payments on Ice

John Boyd quoted on WSJ.com

John Boyd tells clients not to wait to buy if they can still save, pay their bills and plan on staying in the home for at least five years.  They can aim to refinance their mortgage later to a lower interest rate, said Mr. Boyd, a financial planner in Scottsdale, Ariz.

“You can’t time the housing market any better than you can time the stock market,” he said.

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Originally featured on WSJ.com

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