AMA 197 - The US Economy's Reaction to Rising Interest Rates

Investment Counselor and Local Market Specialist Liaison, Carrie joins Jason Hartman to see if he can correctly predict the effect the rise in interest rates will have on the US economy. Jason reminds us the Feds don't directly impact mortgage rates but by directly impacting short-term rates all rates will be affected. For those of you who have income properties, the higher interest rates will put upward pressure on rents. Key Takeaways: [3:41] What does the spike in interest rates mean for investors? [9:55] Higher interest rates will put upward pressure on rents and lessen the concentration of wealth. [14:05] Local Market Specialists and Investment Counselors are always working in the client's best interest. [23:29] It's important to get pre-approved for financing in today's seller's market. [24:58] Jason hints about the location for the next Venture Alliance Mastermind. Website: www.JasonHartman.com/Properties Grant's Interest Rate Observer www.VentureAllianceMastermind.com ***The Property Tour Referenced in This Episode Has Passed*** "The Fed has weapons it can use to fix the economy and interest rates are one of those weapons."