Interest rates are low, yes... but I think it depends on your situation. Asking "Should I buy" in a forum of Realtors is probably going to get you one answer: YES.
Have a talk with a local lender and Realtor about your situation. I have had a few potential buyers contact me and after further review, buying wasn't the best option for them. Thankfully, a few years later they called me when they were ready and we helped them.
Whatever you decide to do, good luck to you!... more