There has never been a better time to sell a IN mortgage note or promissory note, so if you're wondering "Can I sell a private mortgage in Indianapolis IN?" the answer is: you absolutely can!
Interest rates are very attractive right now but that could change at any moment, and interest rates could start climbing any day now. (We at Chris Buys Homes in Indianapolis are always paying attention to interest rates and their impact on mortgage values).
The market value of a mortgage note is inversely related to the value of the general interest rate. In other words, if interest rates go down, the market value of a mortgage note goes up. But when interest rates goes up, the value of your mortgage note goes down – which is the situation we are currently facing right now.