029 – How Rising Interest Rates Will Impact The Market

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Recently, we received a listener mail that asked a great question: “How will rising interest rates impact the real estate market?”

Since we aren’t financial experts, we decided to call in reinforcements in the form of Patrick Morales.  Before becoming a Loan Originator, Patrick was a Financial Planner, so we thought he would be a great person to answer this question.

During the discussion, Patrick shares with us what you as a buyer can do to prepare for higher interest rates to take the best advantage of the situation.

He also shares some very useful information for anyone who currently owns a home who had a loan modification done in the last 5 years.  If this is you, don’t miss this episode!

You can reach Patrick at 832-639-3350 or by email at pmorales@cenderafunding.com.  His home on the web is www.patricktx.com.

 

 

 

 

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