Mortgage rates continue to be low and Kansas City Mortgage suggests this is the time to buy a home while real estate prices are at bargain levels. With rates hovering around 3 - 3.75 per cent, this places them at about half to three-quarters above prime that affords a lot of people the possibility of owning their own piece of real estate.
The inventory of houses for sale in many parts of the country is generally good after the earlier real estate bubble burst. Although the rental market has been very strong since then, probably as a consequence of being gun shy in the more turbulent real estate period, Kansas City Mortgage says this is the time to be investing in a house, instead of seeing money going towards rent which sees no return. At the present rate of renting, availability of apartments and other rental properties could be exhausted in the foreseeable future, causing rents to go up. It makes sense to have your payment guaranteed at current low rates rather than going from lease to lease.
Because the demand for rental units has been so strong, there's also been an increase in buying investment properties. Kansas City Mortgage has experts to make sure your investment is your best choice.
Incredibly, ownership of houses is at a 15 year low, but the current real estate market shows promise to turn that around. To assist you in the housing market, Kansas City Mortgage can simplify things by providing pre-approved mortgages. For potential purchasers, a pre-approved mortgage takes the guess work out of what you can afford, as well as making your offer strong to a vendor. In addition to pre-approved mortgages, Kansas City Mortgage offers sound advice on tax issues, such as any unused earned income tax credit over the last three years can be claimed.
The reason for the low mortgage rates is directly related to Europe's currency instability that has urged investors to look to the US for its Treasury bonds. This is tied with the US primaries and jockeying in the presidential race. Let the experts at Kansas City Mortgage advise you on the financial benefits of home ownership in today's economy.
The inventory of houses for sale in many parts of the country is generally good after the earlier real estate bubble burst. Although the rental market has been very strong since then, probably as a consequence of being gun shy in the more turbulent real estate period, Kansas City Mortgage says this is the time to be investing in a house, instead of seeing money going towards rent which sees no return. At the present rate of renting, availability of apartments and other rental properties could be exhausted in the foreseeable future, causing rents to go up. It makes sense to have your payment guaranteed at current low rates rather than going from lease to lease.
Because the demand for rental units has been so strong, there's also been an increase in buying investment properties. Kansas City Mortgage has experts to make sure your investment is your best choice.
Incredibly, ownership of houses is at a 15 year low, but the current real estate market shows promise to turn that around. To assist you in the housing market, Kansas City Mortgage can simplify things by providing pre-approved mortgages. For potential purchasers, a pre-approved mortgage takes the guess work out of what you can afford, as well as making your offer strong to a vendor. In addition to pre-approved mortgages, Kansas City Mortgage offers sound advice on tax issues, such as any unused earned income tax credit over the last three years can be claimed.
The reason for the low mortgage rates is directly related to Europe's currency instability that has urged investors to look to the US for its Treasury bonds. This is tied with the US primaries and jockeying in the presidential race. Let the experts at Kansas City Mortgage advise you on the financial benefits of home ownership in today's economy.
About the Author:
If you are interested in learning more about a new home purchase, let Bruce Fate help you understand and navigate your way through the process of Kansas City Mortgage then you may check at brucefate.com.