HomeVestors Knows That Investors Have One Last Shot At Low Mortgage Interest Rates

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Investors who are depending on lender financing to purchase real estate need to act quickly if they want to take advantage of the current low interest rates. 

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 4.22%, giving investors one last chance to benefit from these low rates.  As the economy improves and GDP increases vigorously, expect that the Fed will begin scaling back on its QE program.

While the current mortgage interest rates are hovering around 4.20% expect that this isn’t going to last for much longer.  The reason that mortgage interest rates have remained so low over the last couple of years is due to the Fed’s bond-buying program.  This has given life to the United States economy as a whole and has carried it through tough times.  The United States economy is seeing improvements as of late and may not need the QE program to keep it afloat.

The reason that the mortgage interest rates are going up is because the Fed is reducing their stimulus program.  While the tapering of the QE program wasn’t expected until the middle of next year, surprising employment and GDP numbers may give the Fed the evidence they need in order to scale back on their bond-buying program.

Those investors who have been considering a real estate acquisition, but still haven’t made a concrete decision need to act fast in order to secure lender financing with a low mortgage interest rate.  As property values have begun to level off, investors may be able to find sellers who are looking to sell quickly.  Investors can also take advantage of the fact that there are fewer buyers on the market at this time and should be able to use that as negotiating power.

On the other hand, investors who are looking to purchase properties with cash should wait until the mortgage interest rates push up a bit.  This will reduce the number of buyers on the market substantially and give them the leverage they need to secure a deal.  This reduction in mortgage interest rates should happen sometime in 2014.  Those who are looking to sell property at this time will be in for a rude awakening when they encounter a great deal of competition and only a few interested buyers.

Investors who understand that mortgage interest rates are increasing in the next couple of months should secure a property now and take advantage of the current low rate.

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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