With interest rates nearing a 50-year low, common wisdom says get the lowest rate fixed for as long as possible – but what does capital wisdom say?
|Rates nearing a Fifty-Year Low|
Chart courtesy of Federal Reserve Bank of St.Louis
As a borrower, look for a solution tailored to your needs. Calculating a loan payment may be simple math, but calculating its full cost can be a science and selecting the right lender, an art.