(1) cost-effective. From the perspective of housing demand, the amount of funds needed to buy a house in full is too large for ordinary people to afford, and the interest rate of mortgage loans is relatively low compared with loans on the market, and it is not too high compared with mortgage loans. Suitable for buyers who are short of money but have housing needs, they can get money to buy a house faster.

② In terms of investment demand, the low mortgage interest rate is equivalent to borrowing money from the bank to buy a house at a very low interest rate. If the house price rises in the future, or the house is rented out to earn rent, the income will be much higher than the interest paid by the mortgage.

As long as it is a loan, no matter how low the interest rate is, there are certain risks. So we should do what we can according to our own economic situation and income level. Don't ignore the late repayment because of blind pursuit of interests. If you just need a mortgage, it's really a good idea. If you invest, you must think twice before you act.

Click to view: Is it cost-effective to buy a house with a mortgage?