1
0

How low can mortgage rates go? The 30 year fixed is in the low 2's in Japan


 invite response                
2012 Dec 6, 3:26pm   2,751 views  1 comment

by murakami   ➕follow (0)   💰tip   ignore  

http://housingloan.jp/?source=Patrick.net

I keep hearing that "US interest rates can't go much lower." really? Was just in Japan and a friend told me he'd just refi'd his house at 2.1% for a 30 year fixed.

I checked and yep, rates are really that low. (Top right corner.)

So unless "the dam breaks" we can expect US interest rates to continue to fall, right? Or not?

#housing

Comments 1 - 1 of 1        Search these comments

1   Tenpoundbass   2012 Dec 6, 9:52pm  

Wasn't it bellow 1 at one point in the late 80's or early 90's?

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions   gaiste