Is it advisable to buy a 2nd home in the current mortgage rates.

[Ifeoluwa O.]

Looking to buy a 2nd home but very skeptical about the current mortgage rates. Would appreciate advice and insight.

[Bruce Woodruff]

Once again.....it depends on the home. What do your numbers show that the income will be? The ROI? What is the expected appreciation?

I doubt the current interest rates (which are not very high by the way) are stopping any serious investors from buying homes. It depends on your goals, your financial situation and a few dozen other things.....