This is how the rich people got rich. Buy low , sell high. I can arrange 5 year fixed rate mortgages at 3.59%.
This is the lowest by far I have ever seen in 36 years in real estate and mortgage brokerage. Some say what goes down must come up. Maybe sooner rather than later.
In almost 4 decades I have seen rates as high as 21%. There is very little room between 3.59% and 0% but a whole lot of room to 21%. ( No one seems to think its going that high.)
The point is , why take chances, get while its good! It helps that prices are a bit off their highs too. Demand is incredibly strong all things considered. There is no US style meltdown because there was not US style sub prime lending. Real Estate, still the place to be. No stock market like swings. Just a solid investment over time.