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Ep 64: The Impact of Higher Interest Rates with Lance Smith
Manage episode 347649179 series 2989981
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Lance Smith from Results Mortgage stopped by the Results Driven Podcast near the end of the summer and shared some insight about the financial market's impact on interest rates. Keep in mind that some of the discussion took place before some of the recent interest rate and market news, but much of this is applicable as we wrap up 2022.
In today's episode:
1:37 Lance's background in social work
8:19 The difference between 2008 and now
17:26 Why buyers are getting nervous
20:33 How Lance answers the concerns about another crash
24:55 The average home price can't be sustained
27:45 How common are Assumable Loans these days?
29:41 What Lance is looking forward to in his personal life
Learn more about Results Mortgage: https://results.net/client-services/mortgage-services/
Learn more about the Results Driven Podcast and suggest our next guest! www.ResultsDrivenFeedback.com
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