When the FED gets into rate-raising mode, it stimulates the economy. Savvy home investors realize that if they borrow, they can't lose. Why can't they? Because when rates go up, inflation goes up, and the price of everything goes up. But, so do wages. So, if you are making $10 per hour, in a few years inflation and interest rates will make living cost so much more that after a while you will be making $20 per hour. It's easier to pay off that loan on $20 per hour than $10.