Home prices drop as interest rates rise
7 Jan 2020 The decline in mortgage rates, down more than one percentage point for fixed- rate loans from November 2018, has supported a rise in sales 9 Jan 2020 Buyer purchasing power determines home prices Chart 2 displays how falling interest rates increased the mortgage funds available for 10 Dec 2019 In this environment, home sales should thrive and supply should rise alongside Instead, our housing supply is lagging and prices have risen But now, if anything, interest rates are expected to ease amid In effect, the mortgage stress test is restricting the supply of resale homes at the lower end of the