How will rising interest rates effect foreclosures?
While I grasp that higher interest rates will likely slow Real Estate appreciation and price increase in the retail ecosystem, I struggle to understand how it will impact foreclosures. I realize this is a broad question, but I'm curious as to what other investors think? Please "game it out" for me as you see fit.
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- Real Estate Consultant
- Summerlin, NV
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it could affect those who signed up for 20 due in 5 and now there loans are up for renewal and the rates go up and puts stress on the borrower.
although I dont see this leading to a flood of foreclosures those investors could choose to sell.
the highly leveraged investor could have some issues tho..
- Jay Hinrichs
- Podcast Guest on Show #222



