Will rising interest rates slow down the market?
Will rising interest rates slow down the market? In a word, no. At least, not in the short term.
Interest rates that continue to creep up have not had a major impact on Front Range lending activity. While interest rates are on the rise, this is still a low-rate environment. The rise in interest rates and associated uncertainty has compelled many commercial real estate players to act now, believing that favorable conditions today may not be available tomorrow. Those choosing to refinance early into fixed-rate, long-term debt are rate locking as quickly as possible in a well-published anticipation of a rise in interest rates.
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