3 Things for Investors to Consider About Current Mortgage Rates

Posted by Chris Clothier on Tue, May 26, 2015

Some people like to consider what some of the worst-sounding words in the English language are. While many would say moist is the most cringe-worthy word in our language, we’ve got to say that mortgage is right up there with it. The sound of the word is one thing, but the connotations that comes with it are another.

No homeowner or investor likes the word mortgage. As burdensome as it can be, however, it’s not something that real estate investors should neglect. Paying attention to mortgage rates can offer prime opportunities for investors to make the most out of their properties — both with potential purchases and existing rental properties.

While financing for an investment property can be quite different for investors, the mortgage rates still matter. If not for investors personally, they do affect the state of the market around us, which can affect buying and renting trends.

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Topics: mortgage loans, mortgage interest rates, mortgage financing

Rising Interest Rates Seen As A Boost For Memphis Real Estate

Posted by Chris Clothier on Fri, Dec 20, 2013

Mortgage Originations Jump 

Mortgage originations jumped to over 30,000 in 2012 (the latest year with data) and when 2013 numbers are released, they are expected to show another year with over 30,000.  That is almost 8,000 more originations than 2011 and the first time the city has gone over 30,000 originations since pre-2007.  This activity in the Memphis market is a very good sign as the cities normal real estate cycles begin to shift back into focus.

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Topics: Memphis real estate, real estate investing, mortgage interest rates