Will 2% Interest Be The Norm In Real Estate Going Forward? (Methodology)

Foreclosure Deals Coach Podcast

Greetings, #DealHunters! Today, we're discussing interest rates, more specifically, how 2% interest rates are impacting the current market, and when we might expect to see an increase going forward. In 2020, the government introduced trillions of dollars into the U.S. economy to combat the impact of COVID-19. We've seen this money manifest itself as additional unemployment benefits, PPP loans for small businesses, and eviction and mortgage moratoriums. However, to maintain the natural flow of housing transactions, the government also decreased mortgage rates to historical lows in the 2% range. This, in effect, increased consumer's buying power, while making houses that buyers might not have qualified for in the normal markets with 4%-5% interest less expensive overall. There are a lot of positives to this reality, but what might the implications of these rates decreases be when rates eventually start to climb back up? Listen up for more insight, and make sure you're doing your best to get into one of the most advantageous markets for real estate investors in the last decade!
Here's a link to the article Donny discussed in today's episode:
Could 2% Define Mortgages For The Next Decade

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