Tag Archives: interest rates

Money – it’s cheaper now.

I can tell people all day long that interest rates are historically low, but somehow, that just doesn’t resonate with most people. What does “historically low” mean to me? ┬áThe consumer? To my bottom line? WSJ: “In 1991, a $1,700 mortgage payment allowed a borrower to take out a $200,000 mortgage. Today, it gets that […]