Mexico Mortgage Rates for US Citizens are Falling Fast: The Perfect Time to Invest
Owning a piece of paradise in Mexico is becoming more and more of an achievable dream for U.S. citizens, especially in the upcoming months due to declining mortgage rates. Leading the charge in this exciting venture is MoXi, a cross-border financial institution offering transparent and secure lending options - both purchase and refinance - for U.S. Citizens on their property transactions across Mexico.
A New Era in Homeownership
MoXi has been paving the way for global homeownership, offering a completely secure and transparent process for U.S. citizens looking to purchase or refinance property in Mexico. As a fully regulated and audited financial institution, MoXi is backed by billions of dollars in capital. MoXi offers fully amortized mortgage loans with fixed rates for up to 30 years, without any hidden fees, prepayment penalties, or balloon payments, which is a game changer for U.S. Citizens.
Why are the rates dropping?
The drop in Mexico's mortgage rates for U.S. citizens is closely tied to shifts in the U.S. economy, particularly monetary policy changes. As the American economy experiences fluctuations, Mexico typically follows suit - especially when getting a U.S. Dollar originated and serviced mortgage loan. When the Federal Reserve cuts interest rates in the U.S., it generally leads to lower borrowing costs worldwide, including Mexico. Even though the FOMC has not yet cut short-term rates, December policy remarks sent yields sharply downward - in addition to the retreat in the past several weeks.
This trend provides a unique window of opportunity for U.S. citizens looking to secure a mortgage in Mexico. With the current economic climate in the U.S. leading to lower interest rates, besides the drop we’ve seen in the past month, we can anticipate a corresponding future dip in Mexico's mortgage rates in the following months. This lag creates an advantageous situation for those considering cross-border property investment or a refinance or cash-out refinance on existing Mexico real estate.
The Ease of the Application Process
The thought of applying for cross-border financing can seem daunting, but MoXi has streamlined the process into five easy steps: pre-qualification, submitting your mortgage application, review and approval, the closing process, and long-term relationship building. Our dedicated team of experienced professionals, supported by best-in-class technology, is here to guide you through each step, providing regular updates and answering any questions you may have.
Transparency: A Core Principle
One of the key aspects that set MoXi apart from other lenders is our unwavering commitment to transparency. We provide clear, upfront information about all costs involved in the mortgage process, from start to finish. This means no hidden fees or surprise charges, ensuring that clients can make well-informed decisions about their investment. We even have a state-of-the-art estimator tool, where we give you all the costs from monthly payments, cash to close, and more! Check out our new tool here!
A Regulated and Audited Institution
MoXi is a fully regulated and audited financial institution in Mexico, ensuring buyer confidence throughout the purchase, refinance, or cash-out refinance process. Clients can have peace of mind knowing that they are dealing with a reputable organization that's backed by substantial capital.
The Appeal of Mexico
Mexico has always been a popular destination for U.S. citizens, thanks to its beautiful beaches, rich culture, delicious cuisine, and friendly locals. Whether it's the vibrant city life of Mexico City, the historic charm of San Miguel de Allende, or the tranquil beach lifestyle in Cancun, Los Cabos or Puerto Vallarta, there's something special for everyone in Mexico.
A Bright Future for US Citizens in Mexico
With mortgage rates for U.S. citizens in Mexico falling fast, now is an ideal time to consider investing in property in this beautiful country. Whether you're looking to purchase a vacation home, considering becoming a full-time expat, or seeking an investment opportunity, MoXi can help you secure the financing you need to make your dream come true.
The vision of owning a home in Mexico is no longer a distant dream for U.S. citizens. Thanks to MoXi and falling mortgage rates, it's easily becoming an achievable goal. Take advantage of this golden opportunity to invest in your dream Mexican home. Contact MoXi today to take your first steps toward owning a piece of paradise.
Rates are subject to change until final interest rate lock. MoXi® loan pricing is based primarily on loan size, loan-to-value ratio, and FICO score. Additional factors including, but not limited to, availability of title insurance, property value, occupancy, and term length may also impact rates and fees. This is not a commitment to lend. For more information on MoXi® pricing policy, please visit globalmortgage.mx/pricing. For more information on applicable fees for Mexico real estate transactions please see our Mexico Real Estate 101 Fee Cost and Charge letter. For more information on MoXi® loan programs and products, please visit www.moxi.global. For specific scenarios and additional questions, please contact us at [email protected] or reach out to your Mortgage Advisor.