It is worth looking to Europe to see where mortgage interest rates could go. Plenty of places (Germany, Denmark, Switzerland, etc) with mortgage interest rates at or below 1%. I don't see any reason why this can't happen elsewhere. The same central banking philosophy applies globally now. There is no one saying that low interest rate don't help the economy.
That would fit the pattern. I've been thinking mortgage interest can't go any lower for most of the last 20+ years. Okay, I gotta think this through. Thanks for the comment!
It is worth looking to Europe to see where mortgage interest rates could go. Plenty of places (Germany, Denmark, Switzerland, etc) with mortgage interest rates at or below 1%. I don't see any reason why this can't happen elsewhere. The same central banking philosophy applies globally now. There is no one saying that low interest rate don't help the economy.
That would fit the pattern. I've been thinking mortgage interest can't go any lower for most of the last 20+ years. Okay, I gotta think this through. Thanks for the comment!