The stock market is far too volatile for someone at least in his 60s.

Companies operating in industries with more volatile markets might use a slightly higher rate in order to offset risk and attract investors."

Lender relationships are key in this volatile market.

During the 2008-2009 financial crisis, 78 REITs cut or suspended their dividends and the normally low volatility REIT sector saw a peak decline of about 70%, worse than the S&P 500’s decline of 57%.

Hey WIll-- most lenders are not locking rates until closing right now due to the volatility in the market.

If they plan to invest in the stock market, there's risk and volatility to consider. 

@Matt Wells I wrote a forum on how I invest my entire investment portfolio, especially in times of volatility.

The index fund is exactly the opposite plus more volatile.

It is the best volatility and market drawdown hedge.I’m not sure what “book” is being referred to here.

If the responsibility of renting out entirely falls on me, the situation would be volatile for me, while my friend would be in a very stable situation as they would be staying there.