According to the Census Bureau, median rent has doubled in the past 20 years and monthly payments even when adjusted for inflation are the highest they’ve been in 30 years. In many parts of the country, rent increases have far outpaced the increase in home prices. Target new and current homeowners while the housing market is making a shift.
With the new drop in rates on 30-year fixed mortgages, many homeowners are making plans to refinance. Capture this profitable market during this small window of transition within the mortgage industry and achieve high returns.
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