The way I understand it. The price of housing will go down because of high interest rates from the feds to make housing more appealing for mortgages but at the same time wouldn't it just cancel out from the price cut that was achieved if the interest rate will just accumilate in it's place?
And also if we wait until the FEDS drop the interest rate hike wouldn't the price of housing just shoot back up again?
So I am confused which is really the best time to buy cause the math seems to be the same where my money would either be cannabalized from interest rates or the housing price will go back to being pumped if I wait for the interest to go down.
Submitted June 22, 2022 at 03:40AM by FilipinoSchizo https://ift.tt/ZeEdmzV
