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That only makes sense for absurdly aggressive speculators or people with the political connections to borrow money for 1% or less. I have a fixed 15 year loan
by pmwhite 8y ago
That only makes sense for absurdly aggressive speculators or people with the political connections to borrow money for 1% or less.
I have a fixed 15 year loan at 2.75%, which seems like a pretty good deal to me. Know where I can borrow a few hundred thou at 1%?
- seanmcdirmid 8y agoThe interest rate isn’t only important, so is the principal. Yes, sometimes buying makes sense, but sometimes renting makes sense as well.