What happens when interest rates rise? | Why mortgage rates are going up? | Mortgage rates explained | Increase in interest rates

What happens when interest rates rise? | Why mortgage rates are going up? | Mortgage rates explained | Increase in interest rates

With the rising mortgage rates, a major question comes to everyone’s mind—
1.) Why is it increasing?
2.) Are mortgage rates tied to a particular market?
3.) How does the economy affect mortgage rates?
4.) Does the federal reserve (THE FED) directly control mortgage rates?
5.) What is the short-term prediction for mortgage rates?
6.) What is the long-term prediction for mortgage rates?
7.) What will cause mortgage rates to fall?
8.) What should one watch to track mortgage rates?
9.) Do we have a way to check the latest mortgage interest rates? What website do you recommend?
10.) Advice to new construction home buyers
11.) What is the one tip that you can give to all the buyers who prefer to wait on the sidelines?

All of these questions will be answered by our mortgage expert from Interlinc Mortgage, Mr. David Rodriguez.

Contact information of Mr. David Rodriguez:

Hopefully, by listening to what he has to say, our fears and worries will be at ease. So, make sure to watch ’till the end of the video because you will not want to miss it.

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**Jennifer Yoingco is a full-time licensed Houston Texas REALTOR (#648293) with Walzel Properties, LLC. She has been helping first-time homebuyers, experienced buyers and sellers search homes for sale, houses for sale in the greater Houston area (serving Houston, Tomball, Spring, The Woodlands, Cypress, Conroe, Magnolia, Sugarland, Richmond, and the surrounding cities). She negotiates to the clients advantage by using cutting-edge digital marketing technology. She is teamed with marketing professionals who can showcase the home to the best advantage. Contact her for any real estate needs. Email: [email protected] (832)286-8636**