Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate!

April 19, 2018

Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate! | Simplifying The Market

Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate!

The rate you secure greatly impacts your monthly mortgage payment and the amount you will ultimately pay for your home. Don’t let the prediction that rates will increase stop you from purchasing your dream home this year.

Let’s take a look at a historical view of interest rates over the last 45 years.

Be Thankful You Don’t Have to Pay Your Parents’ Interest Rate! | Simplifying The Market

Bottom Line

Be thankful that you can still get a better interest rate than your older brother or sister did ten years ago, a lower rate than your parents did twenty years ago, and a better rate than your grandparents did forty years ago.

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