Interest Rates At Historic Lows
Sometimes we get all caught up in the daily or weekly fluctuations in mortgage interest rates and don't step back and look at it in the historical sense. If there is any doubt as to whether this is a good time to buy a home, take a look at the chart below. WOW! How many out there remember trying to get a mortgage when rates were pushing up toward 18%? Unfortunately I do, shhhhh!
The chart was created from historical data published by Freddie Mac.
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