Hello everyone! Long-time reader, first time poster.
I have pretty much devoured all of Mr. Money Mustache's posts in the past several months, as well as podcasts from Mad Fientist and the like. I have reduced mine and my wife's spending by a significant amount and started tackling our debts with a wild ferocity. I know that I'm supposed to get out from under my giant flaming pile of debt before I even consider taking a mortgage, but I can't help but notice how LOW the interest rates are RIGHT NOW and wonder. . .is waiting until I'm out from under my debt still the smart decision, even if that means having an interest rate that is two or three times higher than it is now when I finally do take the leap?
I'm hoping you guys can give me some confidence in my decision, whichever decision that might be . I'm currently leaning towards NOT trying to take advantage of current interest rates, because I feel like my wimpy brain is just trying to justify getting a home before I can afford it, but I just can't shake the feeling that I MIGHT be making a big mistake.
Thoughts?