Quote:
Originally Posted by Bucketlist2012
^^^^^^
Exactly what Todd says..
Anyone who thinks that interest rates will be this low forever, better re think their strategy..
I paid credit card rates for a home loan once.. Never again..
I have a 4% loan now, and I am about to purchase another life changing property for 3.5%.
This is historically low, and down the road , this will put you in a position to be comfortable in a fixed loan when the Sh-t hits the fan..
Once you have the low rate home loan, you can then concentrate on Investing..
But we must live somewhere, so why not lock in historically low rates...
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TOTALLY AGREE WITH THIS STATEMENT!!
BUY LOW - FINANCE EVEN LOWER. FIXED RATE ONLY.
THEN GET THE HOUSE ='s AN ATM thoughts OUT OF YOUR HEAD!