So I have been hearing that the house prices are meant to normalize later this year so that 15-20% increase will come down.
Also, the interest rates for home loans shouldn't go over 5% for good credit.
Now what confuses me about all this is the fact that I read just in December that the interest rates are expected to hit 7% by the end of 2022 and house prices are going to rise even further in the summer. What am I meant to believe? None of this makes sense to me at all.
Is anyone in the market to buy a house right now? Have you been tracking this stuff?
Also, the interest rates for home loans shouldn't go over 5% for good credit.
Now what confuses me about all this is the fact that I read just in December that the interest rates are expected to hit 7% by the end of 2022 and house prices are going to rise even further in the summer. What am I meant to believe? None of this makes sense to me at all.
Is anyone in the market to buy a house right now? Have you been tracking this stuff?