Is it Safe to Bet Against Conventional Wisdom? Low Interest Rates, Not Higher!!
In the 1980s, nobody could imagine a mortgage rate below 10%. In the 1990s, nobody could imagine a mortgage rate below 7%. In the 2000s, nobody could imagine a mortgage rate below 5%. Yet here we are, in 2011… and mortgage rates have spent the last month in the 4.5% range.
As long as I can remember, the trend in interest rates has been down. This chart shows the trend clearly…
Could mortgage rates go any lower? Of course.
Read more here: Could Mortgage Rates Fall 50% From Here?
Where do you see interest rates in the future? How are you taking advantage of interest rate movement?
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