High Interest Rates Are Eroding Housing Affordability

Rising rates effect commercial loans with floating rates, notes Al Lord. He discusses the outlook for real estate. He talks about how banks are reducing risk and balance sheet and work from home is affecting office buildings. He analyzes why commercial real estate continues to struggle. He then outlines signs of improvement for commercial real estate and the outlook for the housing market. He goes over how home prices remain near record highs and higher interest rates are eroding housing affordability. Finally, he looks at investing in real estate. Tune in to find out more about the stock market today.