On this episode of the Heartland Multifamily Show, Trot and I dive deep into a topic that’s been on the minds of many: the current state of interest rates.
As of late August 2023, we’re seeing rates at their highest since 2001, with 30-year mortgages now exceeding 7%. And from my years of experience in the field, I anticipate that we might even see rates touching 10% in the near future.
Over the past few months, many have reached out to me with questions about the trajectory of these rates and the potential implications for real estate investments. In this episode, we address these concerns head-on.
I’ve always believed that regardless of where interest rates stand, there’s always an opportunity to buy real estate. It all boils down to finding the right deals and ensuring the numbers align with your investment goals. Throughout my career, irrespective of the interest rate environment, I’ve made property purchases based on thorough analysis and informed decisions.
I invite you to watch this episode to gain insights into why now is the time to take bold action rather than sit back. Click here to watch the show.
