Predictions of 20% price fall ‘not realistic’

Predictions of 20% price fall ‘not realistic’
A warning that house prices could fall a further 20 per cent in the next couple of years may worry homebuyers with large mortgages who fear getting into negative equity.
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Mortgage Rates Predictions – What the Charts Are Telling Us

Mortgage rates have a lot to do with how well the economy is performing. When mortgage rates go up, people can no longer afford to invest money in new properties. This, of course, brings a slow down to the building trade and it also means less money will be flowing through the economy.

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