Mortgage rates have been decreasing nationwide, and rates are so low that they seem unbeatable, offering the best value possible. The average rate for a 15-year loan is 2.63%, about 70 points lower than a comparable rate for a 30-year loan. Such low rates and large rate discrepancies make refinancing from a 30-year mortgage to …
Commercial Real Estate Market Trends for 2012
Thinking of investing in commercial properties? Affluent investors take special interest in commercial real estate as a strategy to build and consolidate wealth. Recent studies found that these investors receive an average of $1.2 million in revenue every year from their rental properties. Commercial properties are a good source of income especially at a time …
Common Financing Mistake: Spreading Oneself Too Thin
If you are like majority of Americans, buying a home is one of the things that tops your list of aspirations. However, different factors and circumstances often arise, preventing the smooth realization of this goal. These factors and circumstances can range from financial situation to real estate availability, to lack of information suitable and adequate …
Rent-to-own can be a Winnable Investment Strategy
Thinking of other creative strategies to build your wealth on real estate investments? You might want to go for the booming rent-to-own real estate! “A number of sellers, particularly developers, are turning to that [rent-to-own]” and “it’s definitely growing”, said the Urban Land Institute. Major factors behind the sudden boom in this real estate market …
