Many people are holding off on the refinance or purchase of their next investment property on hopes that the rumors of the government stepping in and forcing rates into the 4% range become reality.
Instead of simply buying based on the emotional aspect of a great 4% rate, look at the fundamentals of the transaction. If the deal makes sense, don’t wait. Many professionals believe that rates will never reach these unpreceded levels.
Here is an article to support my postion….
Rob Bonahoom
Mortgage Coach
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