<i>I certainly held off buying for a fairly long time because I didn&#x27;t want to be locked down in that way. In retrospect I might have done things differently but hindsight is 20-20 and all that.</i><p>In my case foresight was 20-20 since I bought in 2012 and I knew that when interest rates on a 30 year fixed were the lowest they had been in 30 years that this was the time to lock in a mortgage. At the same time, housing prices in my city were the lowest they had been in 15 years so it made sense to buy. I knew if we didn&#x27;t make a move then that we&#x27;d regret it once interest rates and prices started to rise.