Mortgage rates are on the rise, but there is good news! Housing analysts are saying that this could help cool down the market, not crash it. ❄️ Here are 3 ways rising mortgage r...
Mortgage rates are on the rise, but there is good news! Housing analysts are saying that this could help cool down the market, not crash it. ❄️ Here are 3 ways rising mortgage rates could help cool things down: ✔️ Fewer buyers: Buyers hold off a bit, which means less demand and less competition among buyers. ✔️ More inventory: Less demand from buyers gives housing inventory (supply) a chance to rise back up to more sustainable levels. ✔️ Slows price appreciation: Less demand and more supply
Mortgage rates are on the rise, but there is good news! Housing analysts are saying that this could help cool down the market, not crash it. ❄️ Here are 3 ways rising mortgage rates could help cool things down: ✔️ Fewer buyers: Buyers hold off a bit, which means less demand and less competition among buyers. ✔️ More inventory: Less demand from buyers gives housing inventory (supply) a chance to rise back up to more sustainable levels. ✔️ Slows price appreciation: Less demand and more supply
