The Time to Buy a Home May Be Right Now
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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