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Are Interest Rates Going to Hit 6%?
MP4•Episode home
Manage episode 227585613 series 1190641
Content provided by Robert Mack. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Robert Mack or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The fear of 6% interest rates may be unfounded, but rate hikes still affect buyers and sellers alike. Here’s how.
Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation
Well, I don’t believe that’s going to happen. In fact, the highest we’re likely to see is around 5.5%. While buyers are waiting for home prices to flatten out or drop, they fail to realize that the savings they find will be at the cost of higher interest rates. By waiting, they could end up paying more money for less home.
The best time to buy or sell may soon be ending.
But yes, buyers—rates are volatile. Though they shouldn’t surpass 5.5%, you should still speak with a lender to see what you should do. Sellers, interest rate fluctuations affect you too. Who will buy your property if buyers can’t qualify for loans because rates are too high?
The best time to buy or sell may soon be ending, so I suggest you reach out to me to be put in contact with a lender, get any questions you have answered, and learn more information about your specific situation. I look forward to hearing from you soon.
25 episodes
MP4•Episode home
Manage episode 227585613 series 1190641
Content provided by Robert Mack. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Robert Mack or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The fear of 6% interest rates may be unfounded, but rate hikes still affect buyers and sellers alike. Here’s how.
Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation
Well, I don’t believe that’s going to happen. In fact, the highest we’re likely to see is around 5.5%. While buyers are waiting for home prices to flatten out or drop, they fail to realize that the savings they find will be at the cost of higher interest rates. By waiting, they could end up paying more money for less home.
The best time to buy or sell may soon be ending.
But yes, buyers—rates are volatile. Though they shouldn’t surpass 5.5%, you should still speak with a lender to see what you should do. Sellers, interest rate fluctuations affect you too. Who will buy your property if buyers can’t qualify for loans because rates are too high?
The best time to buy or sell may soon be ending, so I suggest you reach out to me to be put in contact with a lender, get any questions you have answered, and learn more information about your specific situation. I look forward to hearing from you soon.
25 episodes
All episodes
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