Is The Era Of Low Interest Rates Over?
The Canadian Real Estate Investor · Daniel Foch & Nick Hill
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Show Notes
We are talking about interest rates, the history of interest rates, the literal highs & lows, we also chatting on real, negative and neutral rates.
- A $1M mortgage over 30-year amortization at 5.5% pays $1.03 million in interest On that mortgage you’d pay $262,000 in interest over a 5-year term … and just $76,000 in principal
- We look at rate fluctuation since the 1930's and analyze cycles
- Decade by decade changes and the correlating economy and home prices
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