Rate Roulette! Should You Invest Now or Wait for Better Rates?

Does it still make sense to buy rental property today when mortgage rates are at the 7% level? Should you buy your rate down with points or wait a few months to see if rates come down as many experts are predicting? And what about getting approved for a loan? Is it any harder now to get a loan in this tough credit environment?   In this episode, you'll hear from one of RealWealth's preferred lenders, Graham Parham and his business partner Aaron Stelly of Highlands Mortgage. They join me to provide some insights on the lending world as it stands today, along with some good news about inflation and how that is impacting mortgage rates.   Graham W. Parham has been a Mortgage Loan Officer for over 25 years. He has experience in the residential real estate market and has developed a significant following among homebuyers and investors. He currently owns 45 investment properties and is still buying.   Aaron Stelly helps guide clients through the lending process from start to finish. He's an active investor and recognizes the goals that investors are hoping to achieve as they grow their real estate portfolio.   You can get a hold of Graham at [email protected]. You'll also find contact information for Graham and his Highland Mortgage team on our website. You need to be a RealWealth member but it's free to sign up. Once you've done that, log in to the portal and look under the Resources tab for Lenders.    If you'd like to find out more about the North Dallas Rental Fund I mentioned during this episode, go to https://growdevelopments.com.   As always, I ask that you subscribe to the Real Wealth Show podcast, and leave a starry-eyed review! Thank you!   And thanks for listening! Kathy Fettke