The Fly Or Die Commerce Report: Taking Advantage Of Low Interest Rates «

The Fly Or Die Commerce Report: Taking Advantage Of Low Interest Rates

Written By: Elsie Law - Feb• 05•13

Interest rates are at an all time low. Economists have said that the interest rates have never been so low for so long. Real estate buyers are at a great advantage with a 40-year low rate. Fixed-rate mortgages are recommended in this type of economic environment. This type of mortgage will lock the interest rate in. According to Money magazine the interest on a 30-year fixed-rate mortgage was 3.48% in November 2012.

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