Buy a House While Mortgage Interest Rates Are Low
Mortgage interest rates are extremely low.
It is time to buy a house so that you can take advantage of this great situation.
Take a look at these rates:
Conventional 30 year fixed rate: 3.625%
For a mortgage of $250,000 the principal and interest for the monthly mortgage payment would be $1,140.
Even when you add taxes and insurance the mortgage payment would be far lower than renting an equivalent house.
Consider the house in the picture which is under $200,000.