Tuesday 18 December 2012

Current Mortgage Rates

Current Mortgage Rates

Right now, is the best time in history to buy a house in America.Today,I'll show you why…based on a few cold, hard facts. First off, mortgage rates are lower than they've ever been in American history…Most investors have only seen a couple decades of mortgages rates on a chart.But my friends at Global Financial Data have databases – including real estate data – that literally go back centuries.I had dinner with the Global Financial Data team over the weekend.And they told me about their "Winans International" real estate indexes,with housing prices back to the 1800s and mortgage rates going back over a century.I had to share it with you…Take a look at this chart of mortgage interest rates since 1900:As you can see, current mortgage rates are the lowest in U.S. history.When were mortgage rates even close to this low in the past? Just after World War II…And what happened, just after World War II, when mortgage rates were this low? The greatest postwar boom in housing prices – by far.

Current Mortgage Rates

Current Mortgage Rates

Current Mortgage Rates

Current Mortgage Rates

Current Mortgage Rates

 

Current Mortgage Rates

Current Mortgage Rates

Current Mortgage Rates

Current Mortgage Rates

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