EP33 - How Interest Rates Affect Affordability (and Home Prices)

Are you waiting for lower house prices or lower interest rates?  How do interest rates affect housing affordability versus lower house prices?  In this episode, we discuss the 3 factors that make up the housing affordability equation and which will have the greatest benefit on homebuyers affordability when buying a house in the current housing market.  We also give examples of the costs of waiting and show why lower rates help affordability more than lower prices as we help you become The Educated HomeBuyer. Connect with me 👇 Jeb Smith (huntington beach Realtor/orange county real estate) DRE 01407449 Coldwell Banker Realty ➡I N S T A G R A M ➳ https://www.instagram.com/jebsmith ➡Y O U T U B E ➳https://www.youtube.com/c/JebSmith Connect with me 👇 Josh Lewis (Huntington Beach Certified Mortgage Expert) DRE 01209148 Buywise Mortgage M:714-916-5727 E: [email protected] ➡I N S T A G R A M ➳ https://www.instagram.com/borrowsmartjosh ➡Y O U T U B E ➳https://www.youtube.com/c/buywiseborrowsmart ✅ - Want to get connected with us or to a local expert in your market, please reach out at http://www.theeducatedhomebuyer.com/expert 📩 - [email protected] 🙏 If you found any value today, please be sure to rate and review us.  Follow us on social media.  Thanks for listening.