HomeVestors Knows That The Mortgage Interest Rates Are Likely To Increase

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The mortgage interest rates are increasing, giving investors a reason to purchase an investment property while they still can.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years.  The company knows that the current mortgage interest rate is at 4.11% and increasing.  Those who have been considering using lender financing in order to purchase an investment property should do so before the rates increase any higher.

While investors still have some time before mortgage interest rates increase substantially, they should do what they can in order to secure property as soon as possible.  The good news for real estate investors is that the Quantitative Easing (QE) program is likely to continue for some time.  Expect that the QE program will keep the mortgage rates below 5% for at least the remainder of the year.

While most markets are losing their favorability towards investors, those who do their research are likely to find a property that meets their needs.  There are still a great deal of profits to earn in certain locations of the United States, but investors need to stay up to date on the market if they are able to capitalize on those areas.  Look at regions in the United States that are putting their workforce back to work and are experiencing an increase in their industrial sector.  While these locations may be few and far between, they still exist, if one is willing to look for them.

Consider purchasing rental property in a promising location, as the rental rates are still increasing across the country.  Those who are able to lock in the current low mortgage interest rates are likely to earn more profit over the long-term.  While most rental property investors can’t expect to entertain the current rate of 4.11%, they can get a decent rate that gives them more money in their pocket each month.

Investors who purchase a rental property in an area of the United States that is increasing in property value can take advantage of the equity that they are likely to earn in this region.  The mortgage interest rates, combined with the profitability of rental property make the decision to obtain lender financing quite logical.

Take advantage of the current mortgage interest rates before they push up past 5%.  While these rates are likely to remain low for at least the remainder of the year, keep an eye on the status of the QE program in order to have an understanding of when the interest rates are likely to rise substantially.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties.  Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community.  In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction.  For more information, visit www.HomeVestors.com.

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