This chart was updated today and I thought I should post it as a good reminder of what an opportunity we are sitting on. This is an opportunity of a lifetime if you want to own a home. Historically low-interest rates, depreciating housing prices making affordability at an all time high making owning even cheaper than renting right now.
- Mortgage rates near record lows (marketwatch.com)
- Mortgage rates stay near record lows (usatoday.com)