
What is Next for Mortgage Rates | Aaron Chapman
The Infinite Wealth Podcast
00:00
The Impact of Quantitative Easing on Interest Rates
The average interest rate for the homeowner a person buying house to live in since 1971 on a 30 or fixed is 7.74% according to Freddie back he taking and downloading all the stuff from them. Real estate investors investing financing houses and financing duplexes triplexes fourplexes whatever they pay one to one and a half percent higher in rate so we know average since 1971 to 2009 it was a much higher rate for the real estate investor now some people ask me what can we expect well I'm going backwards in my charts of 2008 the average rate for the average homeowner from 2000 to 2008 was 6.48% so six and a half you look at bank rate.com right
Transcript
Play full episode