How do interest rates affect mortgages and housing affordability?
Venkata Konduri Venkata Konduri

How do interest rates affect mortgages and housing affordability?

Interest rates are a key determinant of mortgage affordability and overall housing market health. They affect the cost of borrowing, the ability of buyers to qualify for loans, and the dynamics of supply and demand in the housing market. Understanding these relationships helps prospective home buyers, homeowners, and policymakers navigate the complex landscape of housing finance.

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