Private Lending Rental Market - The Impact of Rising Interest Rates
Accurately forecasting the Fed's next move with our fiscal policy is impossible, but we can keep a watchful eye on public statements they put out for the general public. For example, following a speech by Janet Yellen and her colleagues at the Federal Reserve in March, analysts at Time Money expected a rate increase to come in June of this year. So how are interest rates changing, and how does the rise in interest rates impact private lenders and the private lending rental market ? How Are Interest Rates Changing? Interest rates have risen dramatically. In the final week of January, the average 30-year fixed mortgage reached a 3.5 percent interest rate, the highest rate since the COVID pandemic began. And since that time, rates have continued to rise. The Fed anticipates that short-term rates will continue to rise throughout 2022. These hikes are meant to battle the present inflationary surge, which remains a key goal for the fed. As interest rates continue to increase, the highe...