guys, dont get carried away with the low interest rates. While positive, I see them more insulating home owners from any problems in that the pressure to sell is reduced to zero as renting will actually cost more. one thing the Us government didnt do to help homeowners. Had they helped homeowners, the debacle occuring would have been less painful and loss costly.
There still will be the bargins and if you can lock in a fixed rate at a low rate and something that provides a good rental income, you will do well in that in the short term some one else pays off your mortgage and in the long run as a protector of the real value of your investment.
Hopeful, those that arent to Keen, will see be light.
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