How Do Interest Rates Work And How Will Rising Interest Rates Affect The Real Estate Market?

Interest rates are only getting higher and higher with the record-high inflation we are experiencing today. But what does this mean for the real estate market? How do interest rates work and how do they affect the housing market overall, and is there anything you could do to prepare when investing in real estate?In today's episode of the Residual Real Estate Agent Show, we have Bob Davis on the show and he is here to talk to us about how interest rates work, What they mean for the real estate market, and how you can be affected by these interest rate hikes if investing in real estate. Other topics discussed: - Interest rates, yields, and long term yields- How mortgage interest rates work- How does the market respond to inflation- How to shop interest rates-And much more!