How Rising Interest Rates Impact the Market
by: lauren, on February 11, 2022 - jeff quintin
How will rising interest rates affect the market? Find out here.
Today I’d like to show you a clip of a conversation I had with Kevin Braun from EMM Loans about the recent changes to mortgage rates. How do these changes affect second-home borrowers and the second-home market at large? How do they affect sellers? What do people who plan to buy a home need to know? We’ll address all these questions and more.
Feel free to follow the conversation in the video above or use the timestamps below to navigate the discussion at your leisure:
0:00 — Introduction
1:00 — The impact of rising rates
2:50 — How will rising rates affect down payments?
5:40 — Jumbo loans
7:35 — How high will rates get this year?
9:10 — Will credit scores be affected?
11:00 — Why it’s critical for borrowers to get in the market now
13:10 — Wrapping things up
If you’d like to speak with Kevin in more detail about today’s topics or you have any questions, give him a call at (856) 366-0944 or send him an email at kbraun@EMMLoans.com. If you’re thinking of buying, selling, or investing in real estate and need assistance, give the Quintin Group a call. We’d love to help you.