Real Estate

Strategist discusses getting a mortgage when rates are rising


Historic row houses in Columbia Heights neighborhood of Washington, D.C.

amedved | iStock | Getty Images

One strategist has told CNBC why she thinks it’s still a “relatively good environment” to borrow money, including mortgages, despite rising interest rates.

Kristina Hooper, chief global market strategist at Invesco, told CNBC’s “Squawk Box Europe” on Friday that although borrowers may have experienced some “whiplash” in seeing mortgage rates go up around 2%, there were still reasons to be optimistic.

“We’re living in a very low rate environment, and I suspect when the Fed finishes with its tightening cycle, we’ll still be in a very low rate environment relative to history,” she said.



0 0 votes
Article Rating

Elon Musk says he’ll vote Republican, bashes Democrats

Previous article

Bath & Body Works shares tumble as retailer cuts profit outlook due

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Real Estate