Would it make sense to buy a house when mortgage rates are 14% and expected inflation is 15%?

Would it make sense to buy a house when mortgage rates are 14% and expected inflation is 15%?

By | 2013-08-26T21:18:51+00:00 August 26th, 2013|Mortgages Home Loans Interest Rate|1 Comment

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  1. linkus86 August 26, 2013 at 9:47 PM - Reply

    If you mean that property values would be increasing 15% per year, the answer would be yes because you would be realizing every penny of interest in equity, plus you would have a monster tax deduction.

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