The McAlpin Team Answers the Question: What Causes Interest Rates on Real Estate to Fluctuate? [PODCAST]
Interest rates have seen a small upwards tweak in the past few months, but they're not nearly as high as they were 6 or 7 years ago. Does this bump mean we'll see them rise further?
Bruce McAlpin of The McAlpin Team/Edina Realty says, it's possible. He recommends that if you're looking for a different home, now is the time to get in before the rates rise again. Earlier today (June 18) on The Pete & Doug Show, Bruce talked to us about why that market is still in flux and explained why "investor" buys are becoming more common in real estate.
Listen to Bruce explain the interest rate flux and demystify the investor market on The Pete & Doug Show