A couple of the bigger HM lenders that took care of my clients in the past are now pulling out of the game and re-assessing their loans. Some of them even mentioned that they might even raise rates to as high as 14% (before, most of them did the standard 12%) in these troubled times which to me doesn't make sense at all. It makes sense to me gauging it from a business standpoint because, obviously, you want to hedge against risk so you start charging a little more; but even then, I feel it might be a little counterproductive. Although this is the case, would it make sense to raise rates when investors are a little more skeptical, at least right now more than any other time in the past few years?

Maybe some of the Hard money lenders that do business in San Antonio, TX can attest to this and give me their opinions. I'm genuinely intrigued. I'm a Wholesaler/Realtor in the San Antonio, TX market and we're putting a lot of deals out to our investors still, and because a lot of them use HM I want to see what other people are thinking about the subject. Any opinion is appreciated thank you.