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Monday, March 28, 2011

Balancing Price with Interest Rates

Are you on the fence waiting for homes prices to go lower? Sarah Moran with Equity Title Agency shared some very interesting information about the potential consequences of waiting to buy when interest rates are at an all time low right now. 

Lower interest rate or lower price - What makes more sense in the long run?  Sarah's chart makes a pretty convincing story:

Photo credit goes to cdsessums via Flickr.

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