Do Interest Rates Increase the Value of Houses?

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When interest rates go up, that tends to be bad for the price of housing. Some people are buying homes that are 10 times their annual income. If you can make the payments at all, you might just lose it in foreclosure when you start doing that sort of thing. This is all kind of a big dilemma what to do. I think it's okay to buy a house in San Francisco. Don't buy too much house. But when you know you're going to be their long term and you don't expect any changes to your life, it usually does work out better to buy a home.

It is that time of year again when many doctors start asking, should I keep renting or buy a home? Well, truthfully many are asking how can I get someone to loan me money for a home right now? But what we wish they were asking is should I buy a home at all, and if the answer is yes, should I use a doctor mortgage (https://www.whitecoatinvestor.com/doctorloan) or a conventional mortgage? We are going to jump into all these questions in this episode. Home ownership is great when done at the right time and right place. We hope this episode will help you be successful identifying that time and place for you.

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The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you!

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