Hmmm, So I guess the rate of 2.5% for 10 years is not that bad then
Fixed rate for 35 years is 3.1% ...
It's a shame that the place I'm looking at will probably keep loose 50% of it's value during those 35 years
But then again that is the whole market on this island for housing
The good pooint of the place is that the build quality is better than 70% of the other places in the neighborhood and if look at selling pre-April I'll be able to dump the place.
And ...
Rent might just be only a few Andrews off from mortage payment ... means I'll have to pray the roof and what not don't go to pot in the mean time.
no more flippers in this country for the moment ...