I was recently asked “What advice would I give to a Buyer that is interested in getting into the real estate market?”

The first thing I would tell them is to not worry so much about the interest rates.

That's a hard pill for people to swallow because last year, interest rates were around 2 – 3 percent and now they're around 6 – 7 percent.

Again, that's certainly a hard pill to swallow, but when you're buying a house,you buy the house, but you only date the rate.

What that means is that you own the house and you're going to have that through all of this…

But a year or two later, you can refinance the loan, whenever the rates come down. So, if the rates suck now, in a year when they hopefully don't suck, you could have all the equity from the time you’ve owned the house and then refinance the  ...