Market Updates
Market News Update: A Tale of Two Rates
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From Jason Payne, Market News Analyst …
Private U.S. employers reached an important milestone last week: they recovered all the jobs that were lost during the Great Recession – and then some. As a result, mortgage rates and multifamily rent growth have continued to rise amid intensifying speculation that the Federal Reserve will raise interest rates next year.
In today’s timely Market News Update, I will describe both of these relevant economic phenomena in greater detail …
But first I want to offer a bit of healthy perspective to any new real estate investors who might be tempted to interpret rising interest rates through the pessimistic lens of “reduced housing affordability”.
A Quick Note About Interest Rates & Housing Affordability
It is true that the specter of rising interest rates can portend a reduction in housing affordability for the average real estate investor.
But it is…
Jason Payne
is a management consultant and founder of the Groundwar Group -- a private consulting firm providing premier corporate advisory and leadership training solutions for business leaders and investors worldwide. Mr. Payne is also the Senior Market News Analyst and a featured "Mindset" advisor for more than 15,000 entrepreneurs and investors at RealEstateMogul.com -- roles he has held since 2013 and 2014, respectively. In these capacities, Jason draws from more than a decade of successful business and investment research on Wall Street to provide insightful commentaries on a wide variety of investing- and leadership-related topics.
Mr. Payne began his career as a research analyst in the award-winning Equity Research department of Morgan Keegan & Company, where at 26 years of age, he became one of the youngest published analysts on Wall Street -- with a specialized focus on real estate investment trusts (REITs). Jason also holds a degree in Finance from New York University's prestigious Leonard N. Stern School of Business, and he is currently completing his professional residency within the Global Leadership Training program of Uruguay's multinational Geronimo Center for Innovation & Leadership.
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