How will the fluctuation of mortgage rates and the expected increase of housing prices affect a decision to buy a house? (For example: the mortgage rates increase from 6% to 12%, and the housing prices increase from 3% to 10%.) Discuss and provide reasons to support your opinion.

Answer rating: 100% (QA)

Interestrate movements are based on the simple concept of supply and demand If the demand f... View the full answer