Dont wait to buy property …

In 1957, interest rates jumped significantly meaning mortgage rates were 7.5%. If you waited for interest rates to go down to what they were 18 months before, you wouln’t have purchased a home until 2008.

You would have rented for 51 years waiting for rates to go down. Meanwhile the value of property increased by 9.351% (that is not a typo)

Don’t wait to buy property

Buy property and wait

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Credit Christopher Watkin

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