When you figure that the majority of a home buyer's monthly payment is interest, doesn't it make sense to take advantage of low interest rates?
Having a low interest rate will allow more of your monthly payment to go toward the principal balance and allow more discretionary income to pay down that principal balance more quickly.
Taking a Look at Mortgage Interest Rates Since 1990
Don't miss your opportunity to take advantage of these record low interest rates to buy Idaho Real Estate!
Comments(4)