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Higher interest rates increase the cost of borrowing to finance the costs. They increase the incentive to save, or to slow their spending and reduce the net. (After interest) return on investment. The decision of the biggest investments are likely to decide to buy a home. Although the interest rate is not the only factor in this decision, the increase in mortgage rates are likely to have the effect of encouraging some operators to delay buying a home, or to reduce the amount of them. can take home pay This sort of calculation is probably familiar to most people: Want to buy a house, have a limited ability to meet interest payments and the interest rate decreases the size of the loan they can afford the increased
cost. Borrowing money to pay up. When interest rates rise Which encourages more savings. Or slow to spend out. For households To invest in buying a home. Or residence The interest rate is a factor in the decision. There is an increase in mortgage rates. Influence the decision to buy a house to slowly away. And reduce the amount of money that can be spent in the home.
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