Ep. 34 Market Update & External Factors affecting interest rates

Jan 20, 2020 · 30m 2s
Ep. 34 Market Update & External Factors affecting interest rates
Description

We learned about the current state of our market through the eyes of Scott Tomlinson. A lot of different external factors can influence the change in interest rates in the...

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We learned about the current state of our market through the eyes of Scott Tomlinson. A lot of different external factors can influence the change in interest rates in the real estate industry. Foreign governments, big business, time of year, and elections are just some of the many things that could cause rates to fluctuate. The most important thing to take from this episode is that when rates in the real estate industry change, it is almost always a product of some external factor and most times it is always out of the lenders control what mortgage rate a home buyer can attain.

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Author David Shalaway
Organization David Shalaway
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