A few months ago, interest rates were around 6%.  A $300,000 mortgage at 6% would cost you $1799 a month for principal and interest.  As of right now, rates are around 4.25%.  A $365,000 mortgage would cost you around $1796 a month for principal and interest.  So because the rates have gone down, you can enjoy the ability to purchase a home that is $65,000 higher than before at the same monthly cost.  This is a great reason to get off the fence and buy a house.  Call me for details and I can work up a specific scenario for you and your situation.