What happens to home prices as interest rates fluctuate

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Reference no: EM132506433

Research and answer the following:

Question 1: What happens to an individual's capacity to borrow as mortgage interest rates fluctuate?

Question 2: How do extremely low interest rates compare to rapidly rising rates and how do these impact home sales? (Hint: Try to find some data on the web that correlates unit home sales with interest rates).

Question 3: What happens to home prices as interest rates fluctuate?

Question 4: What happens to DOM (Days on the Market) - or how long it takes to sell the average home - as rates go up and down?

Question 5: Review these questions and determine what the historic relationship between interest rates and home ownership is, and how the market is going currently.

Reference no: EM132506433

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