I want to buy a house in 2014. Should I buy it now when interest rate is still low? Some of my friends told me to wait till interest rate to go up. The rationality is that interest rate goes up, people's affordability will go down. Housing price will go down accordingly.
Is it true that mortgage interest rate goes up, housing price will go down?
Read more: If mortgage interest rate goes up in 2014, will housing prices go down?
