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Ep #12: Understanding the Impact of Interest Rates on the Real Estate Market with Aaron German
Manage episode 407369606 series 3560544
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With rates increasing, the real estate market has been negatively affected, leading to a frenzy among home buyers. Today we are joined by Aaron German, Mortgage Loan Originator for CMG Home Loans, LLC, to discuss how loans work and the impact of interest rates on purchasing power. Aaron also sheds light on the significance of low-cost debt, highlighting that inflation outpacing debt results in what is essentially free money. Listen in as we explore the effects of interest rates on the average home buyer, as well as what it means when rates go up by even just 1%.
You can find show notes, resources and more at: https://bit.ly/3KWyCj6
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