If rates go up a refi may not work. You should look into a conventional with 5% down.
It’s still about 70/30 that the market won’t depreciate in the near future.
Hopefully, better than the original HAMP.
Not good if prices are doing the same.
For more information on buying or selling in Reno contact Broker Ricky Beach at (775) 750-1437 or Ricky@Resnv.com