The real estate market is ever-changing, and nothing remains the same. Same applies to the interest rates on the mortgage loans. The new generation of buyers has been gifted with the opportunity of low-interest rates for mortgage loans. But if you consider the interest rates of the past, the interest rates now have dropped so low. That has profoundly affected the new generation of buyers in a positive manner. Attracting buyers has become easier and easier as we progressed from the latter half of the 1980s to now.
But there is a point to be noted. These rates won’t remain the same. Fluctuations are bound to occur, and we may be in store for a rise in interest rates. Those buyers who remember the 1980s know how the rates were back then. And how they have dropped. A new generation of buyers has surfaced meanwhile. This section of new buyers has had no experience in those ’80s decades. They will only compare the rates to those of a few years back. Thus if a rapid increase in interest rates takes place, these buyers may even be scared off.
That is one point that Davidson Hard Money Lenders need to have in mind before increasing their interest rates. As much as being competitive, the business must survive. And with higher inflation rates, higher interest rates may be in store. Buyers and lenders alike must worry about this impending situation if it does occur.
Looking for the lowest interest rates in town with the highest LTV? Davidson Hard Money Lenders, BridgeWell Capital, are the ones to call. With more than enough experience in this field of real estate investments, BridgeWell Capital stands out from the rest. Davidson Hard Money Lenders, BridgeWell Capital, can help you invest your money where it’ll multiply. Call now to request funding right away!