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...
CPI Indicates Interest Rate Hikes May End Pushing Real Estate Investors to Buy
Interest rates seem to have reached a peak, and we're seeing the 30-year fixed mortgage rate...
Reasons Why the 401(k) is a Bad Investment Vehicle to Retire On
Many investors can testify that the 401(k) is a bad investment vehicle to retire on. At the...
New Construction Build-to-Rent Properties are a Good Investment with a Skyrocketing Demand
The surging popularity of new construction build-to-rent properties among individuals and...
Why Rental Properties are a Safe Investment During Times of High Inflation
History has revealed that rental properties are a safe investment, especially in turbulent...
Is Buying a Duplex a Good Investment in the 2024 Rental Real Estate Market?
The rental real estate industry is booming this year, and because of this, investors have...
How Investing in Multiple Rental Properties Can Create a Hedge Against Inflation & Preserve Your Wealth
Some individuals are not concerned about inflation because they're not too worried about the...
Why Rental Real Estate is a Smart Investment Vehicle for Your Retirement Plan
Many people were programmed from a young age to funnel their hard-earned money into stock...
Lubbock Recognized as Recession-Proof City and Maintained a Strong Texas Rental Market Throughout Pandemic
Texas has been known for having what it takes to be recession-resistant, and this especially...
TOP BENEFITS of Buy and Hold Real Estate for Investors Who Use Leverage
The real estate industry can provide new and seasoned investors with the opportunity to build...
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