2min chapter

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Prospective Homebuyers: Is It Better to Wait out High Interest Rates or Reset Expectations?

Wharton Business Daily

CHAPTER

Navigating the Impact of High Interest Rates on Prospective Homebuyers

This chapter discusses how high interest rates are affecting the housing sector, with a slow waiting process for lower rates. Prospective homebuyers are faced with the decision of whether to wait or adjust their expectations, and the chapter suggests buying a house that needs repairs or upgrades and waiting until rates become more affordable.

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