The Time to Buy a Home May Be Right Now

By: Al
Published: April 8th, 2009

The key factors: Low interest rates and lots of great deals available.

If you can borrow at 4.5% or 5% over 30 years, many purchases start to look appealing. Especially if we get a hefty dose of inflation down the line.

If that happens, your monthly payments will be low and you’d get to repay the principal over time with devalued dollars. That’s a double win.

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This entry was posted on Wednesday, April 8th, 2009 at 6:52 pm and is filed under Economics, money. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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