Real Estate Financing in Mexico

If you are able buy the property outright, do that now then wait for sanity (lower rates) to return to lending markets. We haven’t seen rate increases this agggressive since the 70’s. If you can wait for 18-24 months the Fed will eventually reverse course once again to counteract the coming recession and rates will be much better. Besides there are no good places to invest money now unless you are good with playing the markets short. Considering the rate you would pay today will be north of 6-7% I’d wait this out. Enjoy you new condo in paradise.