An Expert Explains What’s Happening With Rates - Shawnluong Team

An Expert Explains What’s Happening With Rates

Veteran lender Mark shares his insights on today’s high-interest market.

There have been a lot of changes in real estate lately. Interest rates have doubled compared to the start of the year as the Federal Reserve tries to combat inflation, and there’s rumored to be an impending recession. How are buyers and sellers affected by the current market conditions? Today I invited Mark, a veteran mortgage lender and CEO of Mark1 Mortgage, to share his expert insights on the topic.

Feel free to watch the full interview or use these timestamps to browse specific topics at your leisure:

0:00 — Introduction

1:11 — Mark introduces himself

2:37 — Mark’s perspective on the rising interest rates

7:45 — The two factors that drive money

10:05 — Now is the best time to buy real estate

13:41 — What a 2-1 buydown means

15:58 — Wrapping up

If you have more questions about this topic or anything real estate related, don’t hesitate to call or email. I’d love to connect with you!

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