When/if that happens you'll see a massive spike in supply in rentals (that are currently just incurring losses).

The spike protein on the surface of the virus that allows COVID to gain entry into your cells!

I have already seen a spike in bookings for this year once we got into 2021.

But then again, look at point one and expect a spike when they all buy heaters and leave them running 24/7. 

This change takes effect on April 1, 2021 and my mortgage broker said he expects interest rates on these types of loans to spike by 1% or more.

I also could be getting way head over heels just because I thought I found a note I could actually acquire ( something that has been quite challenging, even though I would not be borrowing ).

It is typical with a new administration looking to rebound the economy but also slow down the middle class from tapping to much equity at low rates.There was a huge spike in investment property purchases in the last (24) months and that through up a red flag. 

On the heels of what both @Bruce Lynn and @Christopher Campbell mentioned re: Austin versus outer nodes and tertiary markets...  

So if you borrow $100k at 2% right now, if interest rates do spike 4-5% in 3 years, then you're going to be paying more interest on your loan balance, which will negatively affect your cash flow.My personal advise under current conditions would be to lock into a fixed low rate for as long as possible.

The NAHB says: "The recent spike in softwood lumber prices has caused the price of an average new single-family home to increase by $16,148 since April 17."