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Personal Finance | Buying or selling property when the interest rate is high

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Sellers facing a market with higher interest rates should be prepared to adjust their prices.
Sellers facing a market with higher interest rates should be prepared to adjust their prices.
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Interest rates are one of multiple factors that continue to influence homebuyers’ and sellers’ decisions. With interest rates currently high, prospective buyers and sellers must carefully evaluate the implications of their decisions.

Last year was difficult for consumers due to the high cost of living and the increase in interest rates, which had a knock-on effect on the cost of credit.

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