Last week's economic decline saw mortgage rates fall to the lowest level in almost 50 years.
According to reliable sources such as Yahoo! Finance, Freddie Mac reported that "mortgage rates hit a record 3.29% in the week, the lowest level in its nearly 50-year history. While rates were on the slide, mortgage applications jumped by 10% in the last week from 1-year ago, with no signs of slowing down."
This is the perfect time to invest in real estate. "Given these strong indicators in rates and sales, as well as the recent jump in new construction, Freddie Mac sees the housing market continue to be a positive influence for the broader economy."
20/20 provide access to industry experts who can help you get the most out of this year's record breaking opportunities. Our preferred lender can offer rates as low as 3.5% on 30 year mortgages for investors.
3.5% for a primary home is exciting - but 3.5% for an investment purchase is "WOW!"
Contact us now to find out how to get started purchasing your investment at historic lows.