Remember when people were saying: "Cayucos home prices will never fall?"
Now they're saying that interest rates will "never go up."
Interest rates-- as with home prices-- are cyclical. And, with the growing national debt, the Fed will be forced to raise the current rates that, in my opinion, are artificially too low.
Whether its your first home, second home, or rental property, a long term real estate purchase is still one of the best investments you can make these days. Seize the opportunity with today's low rates before they are raised in the near future.
To view current mortage rates, click the rates link to my website at slohomes4sale.com or,
Click to Search All Available Homes in San Luis Obispo County!
Paul Pickering
Broker Associate, Bay Osos Brokers
CA DRE License #0997005
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