Think about it. You want the best price, or a deal, on the house. Right? You negotiate down to the final $100. Of course the price of the house is important!
Now it's time to finance the great priced home you just agreed to purchase. Do you consider the cost of the loan? Or is it a cost you assume you can't control?
Consider this:
$150,000 loan for 30 years - 5% interest rate . Monthly Principle and Interest Payment = $805
Two years worth of interest = $15,392
Now take the same loan at 5.25% interest. Monthly payment = $828
Two years worth of interest = $16,173
Consider a home worth more than $150,000? Higher priced home = greater difference.
Don't be short sited when you buy a house. Just because you got a great house at a great price, doesn't mean you got the best deal. Make sure you consider the cost of the money. Interest rates are still extremely low! Take advantage or pay more. It's that simple.