Types of Home Loans that are Beneficial for Tennessee Real Estate Investors DSCR (Debt Service Coverage Ratio) Loans: DSCR loans, which qualify investors based on property cash flow rather than personal income, are ideal for Tennessee investors managing multiple properties or heavily rental portfolios. Hard Money Loans: Hard money loans are useful for repair and … Read more
The six-member Council based the decision on clear signs that inflation had stabilized near target levels and emerging concerns about weak economic growth and slowing employment. According to the summary of the Governing Council’s deliberations at the October 23 rate meeting, “as members considered the benefits of reducing the policy rate by 25 basis points, … Read more
Georgia has become one of the hottest real estate markets in the Southeast, driven by population growth, an affordable cost of living and a diversified economy. Known for its southern charm, bustling cities and picturesque landscapes, Georgia attracts investors from across the country. Whether your focus is rental properties, vacation homes, or commercial space, Georgia … Read more
This is according to the Bank of Canada’s latest quarterly survey of market participants, which consists of a questionnaire sent to 28 influential players in the financial markets. Based on the median of the results, respondents estimate that the central bank will make four additional quarter-point cuts by June 2025, bringing the policy rate to … Read more
CoreLogic’s Hedonic Home Value Index (HVI) showed that the national median property value fell another 0.5% in October, the eighth consecutive decline, meaning values are now down by a total of 5.1% since the “mini peak” in February. The level now sits at $805,984, only about $2,300 higher than the cyclical low reached in June … Read more
Basic explanation of mortgages Ninety percent of today’s homeowners finance their home with a mortgage. According to Wikipedia: “A mortgage is “a legal agreement by which a bank or other creditor lends money with interest in exchange for taking title to the property from the debtor, on the condition that the transfer of title becomes … Read more
The Canada Mortgage and Housing Corporation indicates in its latest report on the residential mortgage sector that 1.2 million mortgage loans are due for renewal in 2025 and that 85% of them have been signed while the rate of the Bank of Canada was 1% or less. Borrowers who need to renew their loans next … Read more
As home prices remain high across Canada and interest rates fall, mortgage professionals operate in an ever-changing market where choosing between fixed and variable rates adds new levels of complexity. At the recent National Mortgage Conference broker panel hosted by Mortgage Professionals Canada, five industry experts shared their perspectives on everything from market outlook and … Read more
Here is a detailed breakdown of the benefits of Fix and Flip loans for Jacksonville real estate investors: 1. Fast approval and funding The Jacksonville real estate market is competitive, especially in red-light areas with high potential for return on investment. Fix and Flip loans offer much faster approval times than traditional mortgages, with many … Read more
Written by Steve Huebl• November 2, 2024• 11:49 a.m.• Regional • Views: 376 Sales of Calgary homes priced above $600,000 brought October’s total to 2,174 units, matching last year’s figure and beating long-term monthly averages by 24 per cent. However, sales were up more than 8 per cent from September, reflecting continued … Read more