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Updated over 12 years ago,
Is The Current Real Interest Rate For Purchase Money Mortgages Negative?
The 30-year for the best borrowers is currently around 3.25% and Shadowstats.com says the inflation rate is currently around 6%. Do you really believe the real interest rate for purchase money is highly negative? What is your experience in the market currently?
Assuming the rate really is this negative shouldn't people be taking on as much debt as they can safely service?