BiggerPockets Daily

1263 - Investors: Stop Worrying About Interest Rates—Here’s Why Right Now Is the Time to Buy by Caeli Ridge

03.30.2024 - By BiggerPocketsPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

The year 2024 can feel like a confusing space to inhabit for rookie investors. You have the cash, you have the plan, and you’ve done your research. There remains one big issue: Interest rates that are currently much higher than the historically low rates we had pre-2022. 

If you’ve done your research into investment financing, you know that investors pay even higher mortgage interest than regular homebuyers (typically between 0.75% and 1.5% higher). Right now, that is a daunting prospect, with regular mortgage rates still hovering just under 7%. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

More episodes from BiggerPockets Daily