2020 MAY/JUNE Issue

Pages 29-30

The COVID-19 pandemic has affected virtually every aspect of our lives, including the housing market.
However, as Senior Loan Officer Trippett Boineau of Citizens One Home Loans points out, not all of those impacts are negative, particularly in this area. “Rates are historically low. 30-year fixed rates are now in the low 3 percent range, and 15-year rates in the high 2 percent range. If you think about an after-tax rate for that money, it’s incredibly cheap”, said Boinea

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