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Equity
Report States Renting More Affordable Than Buying Indicating Financial Security for Investors
A Rental Affordability Report released this month by ATTOM, a provider of nationwide property data, concluded that in 90% of local markets across the U.S., medium three-bedroom rents are more affordable than owning a comparable home. Even with renting coming out on...
Mortgage Rates Drop Yet Again Nearing 8-Month Low as Investors Rush to Lock In Lower Pricing
The average fixed-rate 30-year mortgage continues to fall as it dropped by 0.06 percentage points, landing at 6.6% for the week ending January 18th, as reported by Freddie Mac. The current rates, marking a low not seen since May 2023, are stirring up expectations...
Investors Buy to Secure Equity as Home Prices Continue to Rise
October marked a two-decade high for mortgage rates, nearing 8%, which placed housing activity on lock and key. Rates have fallen since then, triggering an increased demand in both buying and selling that has housing prices on an upward swing. As this initial phase of...
Reasons Investing in Real Estate Early 2024 Can Provide You With Significant Financial Benefits
Investing in real estate early 2024 can provide you with a golden opportunity in your wealth-building journey, and it can literally be a game-changer if you get the timing right. With its potential for steady cash flow, appreciation, equity, tax advantages, and its...
2 Creative Ways to Use a HELOC
Part of building wealth involves being creative and having the willingness to become a good steward of your money. This can involve a multitude of strategies and tools, often used in unconventional ways. Whether your goal is to pay off debt or grow your investment...
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