Andy (@Andy93) on getquin

Andy

@Andy93

2Yr·

Opinion for $HYQ

🚀 Bullish

Does it make sense to buy a financial/credit company if interest rates continue to rise? Or rather not?

4 Comments

Alaba@Alaba

2Yr

Banks generally benefit from rising interest rates. Of course, this is priced in, so you would be betting that interest rates and inflation will grow even faster than the market expects.

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Jonas@Spoony1986

1Yr

However, Hypoport does not earn on interest rates, but on a percentage basis according to the volume of loans taken out. The high interest rates mean that fewer people are buying, and therefore less is being financed.

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Andy@Andy93

1Yr

Extremely low this week. Think wait a few more weeks and then maybe a good chance.

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