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Street:

When you figure that the majority of a home buyer's monthly payment is interest, doesn't it make sense to take advantage of low interest rates?

Having a low interest rate will allow more of your monthly payment to go toward the principal balance and allow more discretionary income to pay down that principal balance more quickly.

Take a look at what interest rates have done since 1990:

Taking a Look at Mortgage Interest Rates Since 1990

Mortgage Interest Rates

 

Don't miss your opportunity to take advantage of these record low interest rates to buy Idaho Real Estate!

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Always looking out for your next move...(sm) on Idaho Real Estate,  Don Wixom with RE/MAX Executives (208) 880-5039