Interest Rates: Myths and Realities

A common misconception is that interest rates directly correlate with the health of the market. Many people shop for lenders based on rates, thinking it's the ultimate litmus test. However, what they really want to know is if the lender is trustworthy and can offer a good deal. Rising rates don't necessarily mean a 'bad market'; they simply indicate a change in the cost of buying. It's crucial to differentiate between cost and price when considering real estate investments. While collective behavior may affect the market, understanding the true impact of interest rates can help you make smarter investment choices.