A hike in interest rates usually means that affordability for buyers goes down, which might affects prices. But there’s a upside for buyers as well…
Mortgage Questions
Frequently asked questions around mortgages.
What happens if the appraised value comes in too low?
When bank appraisal come in lower than expected, this can put a lot of stress on the buyer, even result in a canceled sale. Learn how appraisals work and how you can protect yourself.