NextPrevious

Savings and Investments

Investing in Real Estate

What about interest rates and their effect on housing prices?

The higher the interest rate is for mortgage, the more the demand for mortgages is suppressed, since buying a house becomes more unaffordable. As interest rates or the price of our money ticks down, the more demand there is from buyers, and this would then make prices more buoyant over time.



Close

This is a web preview of the "The Handy Personal Finance Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App