Interest Rates Still at Historic Lows

Lately, we’ve all been bombarded with negative news from the media regarding a “down housing market.” It’s everywhere you look! What we don’t hear enough about is the amazing interest rates that are currently at historic lows. These rates should be prompting more investors to consider real estate as part of their overall investment plan.

45-Year Interest Rates chart

Add to that fact the increased number of foreclosures and other “at risk” properties, investors should be giving real estate a very hard look.

If you’re lucky enough to live in Louisville (and I welcome my wonderful readers from abroad as well) there’s even greater cause for optimism as our interest rates (check our tracker in the sidebar at the right) consistently track lower than the national average.