Mortgage Rates Drop… So Why Do Home Prices Go UP?

Mortgage Rates Drop… So Why Do Home Prices Go UP?

Mortgage rates drop, and buyers expect cheaper homes — but home prices often go up instead. When interest rates fall, demand rises faster than housing supply, especially in Florida. Here’s why waiting for lower rates can cost homebuyers more and what smarter buyers are doing instead. #mortgagerates #mortgagetips