Higher price/lower interest vs lower price/higher interest. Which is the better scenario?

I’ve heard arguments for both sides. Some people say a lower price is better because you can always theoretically refinance someday whereas you can’t change how much you bought the home for. Others argue that buying at a lower interest rate is better because people oversimplify how easy it is to refinance due to factors such as home appraisal, etc. that need to be taken into account. Curious to hear opinions on this.

submitted by /u/zarkles
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source https://www.reddit.com/r/RealEstate/comments/yd6ekj/higher_pricelower_interest_vs_lower_pricehigher/