I checked again today - today's 30 year/no points rate is 5.00%. With the current Buyers' market on Cape Cod (and most other places, I believe) these rates make real estate a difficult investment to ignore. These are real rates - not future maybes.
At 5.00%, use $5.38 per $1000 to calculate your monthly mortgage expense. Or, go to my website's Buyers Page and use the mortgage calculator.
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