2022 saw a massive shift in interest rates for properties. What started off in the low 3s (for investment properties!!!) moved up to mid-7s and is now back down to around 6%. We’ve heard people talking about the causes of […]
read more
Interest Rates
5 Things You Should Know Before Investing in a Turnkey Property
What is Turnkey Investing? At its core, turnkey real estate investing is where you buy already rehabbed, tenant-filled, managed properties that are producing positive cash flow. A lot of the extra work that goes into real estate investing is cut […]
read more
read more
Should You Lock Your Interest Rate Today IF You Are Building An Investment Property?
Highlands’ 1 Year Rate Lock Extended Program! Highlands Residential Mortgage is excited to share our newest way to help buyers in new construction. Our Extended Rate Cap Program will guarantee and protect your client’s interest rate for up to 360 […]
read more
read more
5 Steps To Refinancing A Rental Property
With property values on the rise in many markets it is a good time to consider pulling equity out via a cash out refinance. Taking equity doesn’t work in every situation, but for some it is the ideal option to help grow their […]
read more
read more
Why is My Rate Higher on an Investment Property Loan?
While it varies based on market fluctuation, you can generally expect investment property financing to be at least 0.5% higher in rate when compared to primary home financing. In mortgage finance, pricing adjusters are added to a loan, which can […]
read more
read more