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Archive of entries posted on 24th January 2013

Thinking interest rates through

I’m worried about interest rates and their affect on real estate. Here’s the deal. Today you can buy a building (commercial or residential apartments) and borrow cheap, e.g. 3.47% for 5 or 7 years, interest only and maybe 80% LTV (loan to value). That means when your time is up, you must pay off the […]