+++Please see the link at the bottom to see historical interest rates.+++
A recession is on the way! It is bound to happen, just don’t know when.
Predictions seem to point to the 3rd Quarter of 2020.
Before you panic though…….Keep in mind that a recession does NOT = Housing Crisis
Let me repeat……A RECESSION DOES NOT = HOUSING CRISIS
Now that we have that out of the way….
The BIGGEST play right now is to take advantage of historically low interest rates.
Whether you are looking to buy or currently own a home….TAKE ADVANTAGE OF THE FACT THAT YOU CAN BORROW HUNDREDS OF THOUSANDS OF DOLLARS AND ONLY PAY 3.5%-4% INTEREST ON AVERAGE.
Take a look at what interest rates have been historically (Take a look at January 1982):
As always if you do have any questions reach out to me anytime.