Paul addresses the drop in mortgage interest rates this week and advises you not to try to time the housing market even if the experts can’t agree whether rates will go up or come back down again. Paul explains why banks and companies who loan money for 15 or 30 years have considered the future of rates and how it will impact their bottom line. At the end of the episode, Paul and Ira talk about the 30-year mortgage versus the 15-year mortgage.
Start relaxing about investing by scheduling a 15-minute call with one of our advisors here.