If you are looking for some amazingly low rates but are feeling a bit blue about the small increases lately; this will be sure to brighten your day!
You are still able to get a 5 year mortgage starting at 2.49%!!!! The historical average since 1957 is a whopping 8.70%! So lets talk numbers! On a mortgage of 300,000, you would be looking at a difference of $89,000 in interest OVER 5 YEARS!!!! Yes, I said EIGHTY NINE THOUSAND DOLLARS!!!!
If you want to look at that in terms of coffee, that would by you 52,352 mediums! Or, over the 5 years, you could buy 28 medium coffees every single day!
So yes, in short not only are rates so low in comparison to the average since 1957, they are SO LOW that you could get 5,740mg of caffeine EVERY DAY…or save $89,000 over 5 years. The choice is really up to you.
