Rising Interest Rates!

[Jordan Moorhead]

After the Fed announcing today that they have raised the interest rate by a quarter point today and saying they will keep raising rates with the next proposed hike coming in December and three more next year borrowing money will continue to get more expensive.

With an already tight market in almost all areas this will make deals harder to come by. I haven't been investing for long but rates have gone from low 3%'s to now close to low 5%'s.

Will this rising interest rate environment change anything in your business and what will you do to adapt? Do you think that prices will drop because of this?