According to the Mortgage Bankers Association (MBA) mortgage loans increased 10.9% for the week ending June 6th and 16.5% for the same time period one year earlier.
Dean Graziosi believes it’s important to pay attention to these trends as they sometimes can be a foreshadowing of how the real estate market is changing.
Even though so many experts have said that the housing market is a bust, it’s still a great time to find that bargain investment property.
With the average mortgage rate for a 30-year-fixed at 6.24 and for a 15-year-fixed at 5.78, a mortgage is still a wise and inexpensive investment.
Dean’s insights and tips have helped thousands of regular people make it big in the real estate market. Foreclosure properties are at an all-time high and the perfect way to start on your road to success and wealth. Lenders and banks are constantly slashing prices to get rid of their foreclosed homes.
Your real estate investment not only provides you with equity it also helps in income tax savings, gives you freedom and stability that other investments can’t match and is probably the best investment for your money.
The journey of a thousand miles begins with that first step. So what are you waiting for? Do your research and learn from Dean Graziosi and get ready to reap the rewards from purchasing real estate.