Silver Linings Playbook: Why Higher Rates Are Actually Good for Homebuyers
It’s counterintuitive, sure. It also just so happens to be true.
Let’s face it: We’ve been living in a bubble. Mortgage rates under two percent? If you’d have said that sentence to someone ten years ago they’d laugh you out of the room. Well, turns out there’s a reason for that, and that reason is smacking us all in the face like we’re a certain unlucky Oscar host right now.
As it turns out, historically low rat...