What Does the Future Hold for Home Prices?

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Home prices are at the top of everyone's mind. Can they maintain the speed of their current praise? Will rising mortgage rates have a negative impact on domestic prices? Will the next economic downturn prices crash?
Let's try to answer these questions on the basis of what happened in the past as well as what we know about the current real estate market.

Impact of rising interest rates We explained earlier this year that rising mortgage rates have not negatively impacted domestic prices in the past and probably not even this time.

Freddie Mac's comments were very straightforward: "In the existing housing market, the force behind the increase in prices is historically less supply of both new and existing houses combined with lower rates. As soon as the mortgage rates increase, demand for domestic purchases is stronger relative to the supply disrupted. And puts pressure on home prices. "Read continue.

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