Mortgage rates are on the rise, and there are quite a few effects that these home loan rate increases are having on the housing market. In this video, I’ll detail how housing affordability, real estate demand, and mortgage qualification all change when rates are on the rise. I’ll also provide my housing market forecast and analyze whether or not we can expect home prices to fall in 2023.
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Timestamps:
Intro (0:00)
How Does Housing Affordability Change when Rates Rise? (1:56)
What Effects do Higher Rates Have on the Housing Market? (4:47)
How Will Current Rate Increases Affect the Market in 2023? (6:50)
Questions? Get In Touch! (8:57)
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A few videos that might be helpful:
The importance of working with a pro:
▶https://youtu.be/zuceT1O05NQ
Make a million dollars with 1 rental :
▶ https://youtu.be/dI_TKq84-w4
Real estate investing for beginners:
▶ https://youtu.be/Pt3Yig7IpXk
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