Rising interest rates

[Javier Bocanegra]

Hello all!

I was recently reading different articles about interest rates and their fluctuations and I was wondering if someone could shed some light on the resilience of the owner financing space when the interest rates go up. Say for example at time of posting this, interest rates are within the 4.1 to 5.2 percentage rates, so in turn some owner financers I know will finance sub 100k properties for 10 or 11%. So my question is, has anyone seen how the owner finance space reacts and how it would cope if interest rates were to say reach 10% at the institutional levels? What would the everyday owner finance have to adjust or could he still do the 10 to 11% hes doing? I hope I have explained myself correctly.