For apartment investors, the recent surge in mortgage rates is good news. As rates have increased, so has the cost of borrowing, which has helped to cool the housing market in recent weeks. This is good news for apartment investors, as it means that more people will be forced to rent rather than buy. The average 30-year fixed mortgage rate is now above 5%, a multi-year high. As a result, apartment investors are poised to continue to benefit from the current market conditions.
Residents: Rent vs. Buy
