Mortgage Rates Lowest in 50 Years

The overall economic environment is a bit unsettling, but if you’re waiting for home prices to drop further, you may be better off locking in a great rate now.

Link to Bloomberg Article

In my opinion, if you looking to buy and hold, this is a great time to shop due to rates. If you’re looking to buy and get a decent short term return on your investment, don’t bother unless you are building new construction and can keep costs low.