Interest Rate vs Home Price

interest and home prices

How Much Does an Interest Rate Increase Cost?

This shows the correlation in interest to price. It demonstrates that a .5% change in the interest rate is approximately equal to a 5% change in the purchase price. A 1% change in the interest rate is approximately equal to a 10%change in the purchase price of the home. Put a sale price into the live calculator and see how it works.

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