Mortgage Rates by Decade Compared to Today [INFOGRAPHIC]. It is an interesting look back in time, but if history really does repeat, are we looking for similar rates hikes in the future? Personally, I am amazed that rates have stayed this low this long. Back in the 80's we were actively pursuing the purchase of a 10 unit apartment building. Rates were high but we figured a 5 year balloon would allow time for appreciation and hopefully lower finance rates. For sure, it was a calculated yet high risk. As it happened rates got even worse. as a matter of fact, rates went to 18% (sound like a credit card rate today?). We walked away from the deal. Read more about the rates by decade
San Antonio’s best Real Estate Blog for the most relevant and comprehensive information for buyers, sellers, and real estate agents. Search the San Antonio MLS for homes, houses for sale, land and property for sale. Find new homes, first time buyer help, military, relocation, seniors, investors, FSBO, houses for rent, current market information, the latest real estate news, schools, lots more. * Al Cannistra, Broker * San Antonio Homes * Texas Today Realty * 210..757..0211 *
Friday, October 7, 2016
Mortgage Rates by Decade
Labels:
Al Cannistra,
buy now or wait,
getting a mortgage,
homes in San Antonio,
mortgage rates,
my SA Texas Homes,
Texas Premier Realty
Location:
San Antonio, TX, USA
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment