Morris Invest’s Real Estate Wisdom: A Blog for Savvy Investors
Mortgage Rates Surge Following New CPI Data Casting Shadow Over Spring Buying Season
The recent Consumer Price Index (CPI) report, released this week by the Bureau of Labor Statistics, came in hotter than anticipated, impacting mortgage rates and effectively casting a shadow on the spring buying season. The data revealed a 0.4% increase, landing at 3.5%, up from February's rate of 3.2%. In the wake of this announcement, mortgage rates climbed from 7.06% the day prior, to the current rate of 7.37%, as reported by Mortgage News Daily. The new inflation numbers are keeping prospective homebuyers in a holding pattern that they were hoping to break out of. In addition, with inflation rates exceeding projections once again, the outlook for lower mortgage rates and the ability to move forward on property purchases seems a distant reality for many. This outlook is reflected in a statement...
What Makes Rental Real Estate in Texas Profitable?
As mortgage rates continue to drop and housing prices quickly climb, investors strategically...
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...
The Driving Factors Behind the Ability to Charge Higher Rental Rates
As a landlord, it's essential to recognize opportunities that will allow you to charge higher...
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...
3 Unique Strategies to Fund a Down Payment on a Rental Property
If you're researching strategies to fund a down payment on a rental property, know that many...
Why Location Matters in Real Estate Investing – Tapping into Profitable Rental Markets
Those with extensive experience in the real estate industry know that the success of an...
Non-Recourse Financing for Real Estate Investing – Approval Based on Asset Not the Buyer
There's a powerful financing tool out there that most have never heard of, which is...
How to Retire Early Using Real Estate Investing – 35 to 50 Years of Age
Are you among those who often daydream about an early retirement, counting down the years...
Keys to Keeping a Good Tenant in Your Rental Property
If you're already invested in real estate, then you know the importance of keeping a good...
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