Barbara Corcoran isn’t afraid of high mortgage rates, and she doesn’t want you to be either. In an interview with Bloomberg Television, the self-made real estate millionaire and Shark Tank star said it’s a waste of time to worry about rates because you have no control over them.
“I would say, get out there…you need one more point to bring everybody out into the market, and what’s going to happen is you’re going to pay more for the house,” Corcoran said. She continued: “Wait until you see what happens with prices when interest rates come down another percentage point.”
