Mortgage rates are currently at an all time high since 2000(23 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market.
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
I won't pretend to know everything, though. Her name is Annette Marie Holt but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
Great video , i am currently doing a refinance from a bridge to buy to let . My rent was £1200 the valuer has put it at £995. Leaves me enough anyway to refurb my next project whats a flip and build my capital back abit. I will come back to that previous one after the 5 year fix. Liam
Agreed. This is the mentality of people who have never experienced inflation or an economic crisis. They can not even fathom that it will ever happen. With labour in power and all of Europe going lefty, I doubt interest rates will drop.
I can see why you'd think that. However, as we have a housing crisis, they simply can't afford to let too many landlords vacating the market. 1.5m house vuilding ambition is already behind and simply won't stack up by the time Labour has finished its term.
2:47 how the hell do you expect the lender to know what the rental income would look like at homes on a given street? What a stupid question. Why do you think they instruct qualified surveyors…this old chap isn’t providing any new or interesting information here
Mortgage rates are currently at an all time high since 2000(23 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market.
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
Melissa Elise Robinson is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
