Interest rates have been a hot topic in real estate over the last year. We saw historical lows the previous two years and when interest rates went back up it seems like people had a hard time adjusting their expectations. A lot of prospective buyers and sellers decided to wait and see how things played out, and while interest rates have come back down a little bit in recent months, in a lot of markets there is still low inventory so buyers are facing a lot of competition. 

This week we have mortgage professional Lisa Wells to talk about all things mortgages and interest rates. She gives us all the stats, gives us her predictions for what’s to come and tells us why waiting it out is just costing you even more money in the long run. Lisa also shares an amazing breakdown of exactly what is causing the shortage in inventory. Lisa is super knowledgeable and a true professional. This is a very educational episode and will leave you with tons of talking points for clients and if you are thinking of buying or selling it will arm you with so much information. Let’s dive in!