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>You can already see that housing prices are inversely correlated with interest rates. I do not think this is true. Everything I have seen shows that mortgage
by whyhow 7y ago
>You can already see that housing prices are inversely correlated with interest rates.
I do not think this is true. Everything I have seen shows that mortgage rates and house prices are positively correlated. Probably because they are both determined by the overall state of the economy.
When the economy is good, prices rise and interest rates rise. When the economy is bad, both fall.