It's Not the 80s-Who Cares What Interest Rates Where Then?

One of the biggest factors in buying a home is the interest rate. We hear about it a lot when people are debating a purchase today or waiting for the rates to come down. A better question would be to ask if you like the house. If you really want it, you can buy today and refinance later when the rates get lower. Who cares what the interest rates were like in the 80's?