If the house drops at 4%/yr and the mortgage is 4%, you have a POSITIVE rate of 8%. Rates today for homes are way too high. You are supposed to PROFIT on the rates. Pay 4% on the loan, and get 7% appreciation per year. Rates are too high now.
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.