4% Interest Rates ... Are You Freakin' Kidding Me?
Doug Reynolds, a Sacramento Area Realtor, discusses the history of interest rates in America and shows how the current interest rates in 2012 are at record lows for home buyers. The unheard of interest rates of 3.5% and 4% combined with the bottom of the market for prices are creating the best time to ever buy real estate in Sacramento, the beginning of 2012.
What is your interest rate at? Did you ever purchase a home with a mortgage above 12%?