– Mortgage Rates under 4% near record low
Its amazing to think about how cheap mortgage rates currently are. Did you know a $100K mortgage payment is less than $475 a month?! The beauty of borrowing fixed money at such low rates is that inflation in the long run offsets the cost of borrowing because you pay back todays dollars with future devalued dollars! Think of how much $100K was back in 1970 versus today! Fixed debt gets cheaper over time. With rates this low and a recovering real estate market its only a matter of time before rates begin to rise. Take advantage of this terrific cheap financing option. If you have been on the sidelines now is the time to act!
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