When Interest Rates Drop, Prices Climb—and the Only Fix is More Homes
When Falling Interest Rates Meet Rising Home Prices: The Global Housing Challenge “Interest rates down? Prices up. That’s Economics 101: cheaper money fuels demand, and without supply, homes only get more expensive.” —Steve Schappert, housing strategist There’s growing discussion about lowering interest rates. While borrowing has become somewhat cheaper than it has been in years, […]
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