Mortgage rates hit 6.72% for 30-year loans and 5.88% for 15-year loans. Despite high inflation and stagnant claims, 6.5 million Americans need homes, creating strong housing demand for real estate investors.
So in reading this article today, it tells us that as interest rates continue to rise and taking that jump after a 5-week decline, we now bounce back up to 6.72% on the 30-year mortgage, 5.88% on the 15-year. And this is continuing to show us that the Javits claims are not moving. Inflation is still high. But here's the secret: people still need housing. 6.5 million people in the United States needing housing. So buy properties, be an investor. Take advantage of the opportunity. Buy properties, convert them into rentals, build and grow your portfolio. The demand is higher now than it's ever been. Click like and share if you want to hear more. Hit the button at the bottom. Talk to you soon.
