Are home prices going to rise again?!
She was right, but she’s also wrong. The housing market can still crash if we have more inventory than there are buyers. Additionally, rates don’t necessarily need to reach 5 or 4 percent. If they reach 6 percent, we’ll likely see prices increase. Moreover, when going to your local bank, unless you’re getting a jumbo or an ARM loan, you’ll face a higher interest rate. It’s actually better to go to a mortgage broker if you’re considering a conventional FHA or VA loan. #buyahome #housingcrisis #inflation