Higher Rates means Lower Prices... Right?
It’s a widely held belief that higher interest rates must mean that home prices are decreasing. That thinking, however, might be flawed. Especially in the lower priced starter home sector.
Adam Schroeder and Zach Lemaster look at the time frames in the last 30 years when interest rates have climbed dramatically, and how home prices have responded. The numbers might surprise you.
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