Black Knight : The Not So Simple Impact of Interest Rates on Home Prices
If mortgage rates go up simply because of more inflation, without any change in real rates, then the impact on home prices is likely to be less negative. Inflation can be unexpectedly low (as has been the case over the past several years) or unexpectedly high, as might be the case for the next year or two. The more inflation we expect in the future, the more desirable it is to buy a home now and capture this price appreciation.
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