I bought my first house in 2009 at 5% interest and then refinanced in 2012 at 2.875%.

Shopping for homes in 2008/2009 was actually kinda tough because so many things were short sale and banks would literally take months to respond to offers.

If you find the right house that will likely work for the next 10 years, go for it. Things change as the years pass: Often in ways you never expect. When thinking back to how I made it through the last recession, having a home I loved and could afford was very good. It didn't matter that the value fell almost 25% through 2010. My taxes went down and that just made for a cheaper payment. I sold the house in 2021 for three times what I paid for it.