Have you guys heard of utilizing the stress test?

[Jayden Hamilton]

What do you guys know about utilizing the stress test when running the numbers on properties, and is it really something that needs to be done? I spoke to a lender in O'Fallon, IL that thinks there will soon be another market crash, and lenders will start increasing interest rates to 7-8%. I honestly feel like he was just trying to scare me because I'm young.