Interest rates go up then home prices fall. Interest goes low then home prices rize.
People borrow what they can afford to pay in mortage which drives home prices.
Which is a simplified generalisation which does not take into account job market, government policies and incentives and economic booms.
Interest rates go up then home prices fall. Interest goes low then home prices rize.
People borrow what they can afford to pay in mortage which drives home prices.
Which is a simplified generalisation which does not take into account job market, government policies and incentives and economic booms.