Sign up to save your podcasts
Or
Share The Rate Trap: Why Cheaper Mortgages Mean Pricier Homes
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
The Rate Trap: Why Cheaper Mortgages Mean Pricier Homes
Most people are waiting for mortgage rates to drop so homes get cheaper. The data says the opposite: when rates fall, prices rise.
This episode walks through the historically inverse relationship between rates and home prices, why 2020 and 2021 were a rare exception when both moved up together, and what today's stable mid-6% rates and tight inventory mean if you're trying to time your next move. I also explain why the 2.65% rates of 2021 aren't a realistic baseline to wait on.
Practical, no hype, built to help you decide with trends instead of guesses.
Max Willett, The Dow Group at Keller Williams. Licensed in NH, ME, and RI. Questions about your market?
View all episodes
By Max Willett
5
1010 ratings
Most people are waiting for mortgage rates to drop so homes get cheaper. The data says the opposite: when rates fall, prices rise.
This episode walks through the historically inverse relationship between rates and home prices, why 2020 and 2021 were a rare exception when both moved up together, and what today's stable mid-6% rates and tight inventory mean if you're trying to time your next move. I also explain why the 2.65% rates of 2021 aren't a realistic baseline to wait on.
Practical, no hype, built to help you decide with trends instead of guesses.
Max Willett, The Dow Group at Keller Williams. Licensed in NH, ME, and RI. Questions about your market?