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Just don't get tricked into saving 0.1% for a mortgage that is not transferable or assumable.
Realistically if you sell, you've bought a new place and you'll want to take the mortgage with you.
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Outside of that, I have no clue why you're buying now. Prices have been on a tear and housing prices are stupid high once again. Rental vacancies are up despite the Olympics being 2 months away, imagine what is going to happen afterwards.
Plus we're entering the best time to buy: after Christmas. This is when people need money, sales are slow and deals best. Imagine what will happen after the Olympic party when people have spent stupid amounts on tickets.
I'd wait, yet its up to you. If you found your dream home you want to stay in for 20+ years, then buy it! If you're going to flip in 5 years... you've been warned.
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