Updated over 3 years ago on . Most recent reply

Is it advisable to buy a 2nd home in the current mortgage rates.
Looking to buy a 2nd home but very skeptical about the current mortgage rates. Would appreciate advice and insight.
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Bruce Woodruff
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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.....