fixed rate mortgage

How Smart Investors Take Advantage of Low Interest Rates

Q: Gerald, how can I make the most of today’s low interest rates?  Nirav, Somerville, MA A: That’s a great question, Nirav.  One obvious way to take advantage of historically low rates is by purchasing real estate with a fixed rate mortgage.  Nobody knows how interest rates will change in the future, but locking in a long-term mortgage at a low fixed rate is normally a smart move if you can afford the payments particularly if mortgage rates go up in the future. A less obvious effect of a low interest rate environment that truly savvy real estate investors recognize is that low interest rates often result in there being a lot of unemployed capital sitting on the sidelines looking […]

continue reading