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> Edit: Counterintuitively, high interest rates can help middle class people that don’t have homes. House prices drop, so you need less deposit.

At least in the USA you can buy a house with very little down nowadays because of lower interest rates.

In the end it’s always better to have lower interest rates as principal is always better than interest. Why make banks richer?

High interest rates favor cash buyers which in many markets are who you are competing with anyways.




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