- Category: Market Updates Market Updates
- Published: 30 October 2010 30 October 2010
- Hits: 16837 16837
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
Don't miss your opportunity to take advantage of these record low interest rates to buy Idaho Real Estate!
Always looking out for your next move...(sm) on Idaho Real Estate, Don Wixom with RE/MAX Executives (208) 880-5039