With mortgage rates hovering around 7%, some would-be buyers may wonder if they should put a down payment on a property before rates skyrocket higher — or wait for the housing market to cool further.
In continuation of our series “What to do in a bear market,” Yahoo Finance asked several housing experts if buyers should purchase now or hold off.
Should buyers wait to buy a property if the Fed keeps rising interest rates and mortgages go higher?
“If you are still able to afford what you’re…
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