What You NEED to Know About Low Interest Rates on Homes скачать в хорошем качестве

What You NEED to Know About Low Interest Rates on Homes

Low mortgage rates are great, but are how do they compare to higher home prices? Compare the best mortgage rates at Bankrate: https://bit.ly/hf_bankrate_mortgage (click "show more" to see ad disclosure) Lower interest rates are always a good thing when it comes to loans. But in certain markets (like housing), lower interest rates typically cause prices to go up overall to compensate supply and demand. So if you already own a home, great! Simply refinance and you can save a lot of money on interest over time. However, if you're in the market for a new home and rates are low, you need to run some numbers. Even though your monthly payment might be reasonable on a more expensive home with a lower rate, overall it might not be the best value. We don't have much control over the housing market, but it's always a good idea to plug in your own numbers in a loan calculator to compare value. Enjoy! --------------- Robinhood Free Stock (Up to $200) with Sign Up: ► https://bit.ly/hf_robinhood Webull Up to 12 Free Fracional Shares (Each $3-$3,000): ► https://bit.ly/hf_webull M1 Finance (perfect for IRA's): ► https://bit.ly/hf_M1_Finance Instagram: ►   / honestfinance   Advertiser Disclosure: Honest Finance participates in affiliate sales networks and may receive compensation by clicking through the links (at no cost to you). This compensation may impact how and where links appear in this description. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This channel does not include all financial companies or all available financial offers. --------------- Honest Finance covers a broad range of financial topics that'll give your life and finances more value. Subscribe today for future content and be sure to give this video a like! Disclaimer: I am not a financial advisor. These videos are for education/entertainment purposes only. Investing of any kind involves risk, so please conduct your own research. #honestfinance #homebuying