Episode 142: Downsides To Low Interest Rates with Jennifer Butcher:

You may not hear it very often, but did you know that there are downsides to lower interest rates? Yes, you heard that correct, lower interest rates might not be in your best interest, literally. Our guest this week, Jennifer Butcher of GO Mortgage, makes a case for why low rates actually have a negative impact on the market, and how the current rates can actually work in your favor. If you’ve been sitting on the sidelines because of the current rates she just might make you rethink that. Jennifer shoots it to us straight and provides real life scenarios that apply to you as a buyer or seller, and also as a Realtor facing objections about interest rates. Jennifer also shares the financial implications of renting a home vs buying a home, and the positive benefits of home ownership no matter where the rates are. You just might walk away from this episode viewing home ownership through a much wider lens than just what interest rate you lock in at, and consider its larger impact on building wealth and security in your life. Jennifer has been in the business a long time, is a treasure trove of knowledge, and she is a fantastic educator. We are so excited to share this with you. Let’s dive in!