Morris Invest’s Real Estate Wisdom: A Blog for Savvy Investors
Record High Mortgage Rates for 2024 Drive Up Demand for Rental Properties
The average mortgage rate on a 30-year loan hit a record high for 2024, breaking through the 7% mark and settling in at 7.10%, as reported by Freddie Mac. This rise in rates has made homeownership out of reach for many, increasing the demand for rental properties across the board. Mortgage rates have been gradually increasing over recent weeks, fueled by hotter-than-anticipated economic reports that effectively put the brakes on federal rate cuts happening anytime soon. Odeta Kushi, deputy chief economist at First American, elaborates on this as she states, "Persistent inflation has dashed investor hopes for a Federal Reserve rate cut in June, which implies mortgage rates will remain higher-for-longer. If inflation data between now and May continues to come in hotter than expected, and/or the Fed...
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...
How to Buy a Rental Property With No Money — A Real Estate Investor’s Guide
Learn how to buy a rental property with no money so you can start investing in cash flowing real estate and become financially independent.
Should You Use the BRRRR Method to Grow Your Real Estate Portfolio?
Due to the downward economic trend that we're experiencing, along with inflation and the...
What are the Benefits of Owning a Rental Property?
Dive in to find out what the benefits are of owning a rental property – from the tax advantages to being the ultimate hedge against protection!
Rental Real Estate Trends in 2022 – Increased Demand & New Construction Property Boom
The past few years have been a somewhat confusing and complicated time for property...
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