SECURING FINANCING RATES
In the real estate industry, financial services offered by mortgage brokers are tailored to each buyer’s financing situation, whether they are self-employed, salaried, or retired.
As a rule of thumb, mortgage rates directly affect real estate princes. Essentially as interest rates increase, cash flow loses its value, causing real estate prices to rise. However, in today’s current economy, interest rates are much lower and can be expected to remain low for a period of four to six months. A buyer should take advantage of such low-interest rates before they rise again by speaking to a professional mortgage broker to secure the best mortgage rate for their next move.