ilmscore | How to Find Investor-Friendly Lenders for Investment Property Loans

How to Find Investor-Friendly Lenders for Investment Property Loans

Published: 2024-08-26
Status: Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Prediction
Topic
Status
Interest rates predicted to reduce by 0.25-0.5% within 30-45 days from August 1, 2024.
"all signs are pointing toward at least a quarter-point reduction, maybe a half Point reduction depending on how these reports continue to come out here over the next 30 to 45 days"
Interest Rates
Pending
By the end of 2024, 30-year fixed primary residence mortgage rates will be in the mid-to-low 6% range, and 30-year fixed investment property mortgage rates will be in the high 6% range.
"If I had to throw a dart at a board I would say by the end of the year we will be convincingly in the mid to low sixes on 30-year fixed primary residence mortgages on investment property 30-year fix will probably be in the high sixes"
Mortgage Rates
Pending
As interest rates drop, the real estate market will experience increased competition due to limited inventory.
"rates are going to drop we're gonna have more competition with very little inventory out there"
Real Estate Market
Pending
Current real estate investment opportunities (due to lower competition) are short-lived, as demand will increase rapidly once interest rates begin to drop.
"there's going to be more opportunities like that right now for a very very limited period of time because as soon as those rat start dropping I think the the demand's going to go crazy it's going to pick up quick"
Real Estate Investment Opportunities
Pending
Interest rates are predicted to decrease by 0.25% to 0.5% within 30-45 days from August 1, 2024.
"all signs are pointing toward at least a quartero reduction maybe a half Point reduction depending on how these reports continue to come out here over the next 30 to 45 days"
Interest Rates
Pending
30-year fixed primary residence mortgage rates expected to be in the mid to low 6% range by the end of 2024.
"by the end of the year we will be convincingly in the mid to low sixes on 30-year fix primary residence mortgages"
Mortgage Interest Rates
Pending
30-year fixed investment property mortgage rates expected to be in the high 6% range by the end of 2024.
"on investment property 30-year fix will probably be in the high sixes"
Mortgage Interest Rates
Pending