The Reason Mortgage Rates Are Projected to Increase and What It Means for You

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low much longer. Whenever we try […]

What is a home appraisal gap?

Here’s what happens if your home appraisal comes in low When you go to buy a home, your mortgage lender will almost always order a home appraisal. The purpose? They want to verify the home’s worth. Specifically, they want to be sure it’s worth the money they’re lending you and, most importantly, that they’ll recoup their investment […]

Invest in real estate, not the stock market

The stock market is a funny game. Not the kind of game that the rookie Game Stop investors are used to playing, but a real-life, action-packed, form of entertainment that toys with millions of Americans’ emotions and finances every day. You know what isn’t a game, and can also provide oh-so-sweet returns? Investing in real estate. […]

How to invest in real estate during COVID

Prepare for the investment opportunities to come after the pandemic passes Although coronavirus vaccines are being distributed throughout the U.S. and life is expected to slowly start getting back to normal in 2021, we are still quite a while from the old status quo. That is, if life ever truly returns to normal after living […]

Understanding Capital Gains Tax on a Real Estate Investment Property

Changes in tax laws have resulted in more complications, and owners of rental properties should invest more time and resources on tax planning. Real estate properties generate income for investors, but taxes play a factor in returns. OWNING REAL ESTATE produces steady income for investors, but the sale of residential and business properties can generate a […]