Interest rates are 3.65% on a 30 year mortgage.  I ran across a rate sheet that shows the history of mortgage rates over the last 62 years.  The lowest they have been was 4% in April of 1950.  What was the highest?  16.5% October 1981. 

You can buy a $175,000 home with $1,000 down and your payments be lower than if you bought a $45,000 SUV.  Do not be a wishiwouda.  Wish I would of bought a house back in 2012. Go to www.MyLocalRealEstate.com to search every home for sale in Mandeville.  Get access to foreclosures, new homes and bond for deed properties.