#157: Does a mortgage make sense with high interest rates?
Josh and Amelie discuss mortgage rates…and what to think about when considering whether it’s a good time to buy!
Takeaways:
- In the history of mortgage rates (going back to 1971), they’ve ranged from 18% to 2.5% (much more recently).
- Interest rates typically impact home prices–as interest rates go up, prices go down (and vice versa).
- In most situations, if you’re ready to buy a house, now is the right time.
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