Tag: High Rates

Here’s What Rising Mortgage Rates Mean For Homebuyers with Kim Harris (Ep. 82)

Here’s What Rising Mortgage Rates Mean For Homebuyers with Kim Harris (Ep. 82)

What do rising mortgage rates and low housing inventory mean for your largest investment? 

How are rising mortgage rates reshaping the housing market today?

This week on Smart. Money. Simplified, Brent Mekosh sits down with Kim Harris, Real Estate Lending Manager at Colorado Credit Union, to discuss the current state of the mortgage market. From rising interest rates to housing affordability, Kim brings over two decades of experience to shed light on these critical issues. 

So, listen in as Brent and Kim explore the differences between now and the 2008 financial crisis while navigating the federal and state policies impacting real estate and examining the role of credit unions in today’s lending environment.

Episode talking points include: 

  • Today’s market conditions compared to the 2008 financial crisis
  • Insights on the current lending restrictions and mortgage rates
  • Ways institutional investors impact housing affordability
  • When might mortgage rates decrease, and its impact on housing prices
  • And more!

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