Palm Springs, Calif., has been a redoubt for snowbirds and show business royalty at least since the 1930s.
What matters more, price or rates?
When it comes to buying a house, MSN Real Estate says that potential homebuyers buy the monthly payment – a combination of rate and price.
August 29, 2014
A combination of both price and rates matter to the homebuyer, but according to MSN Real Estate, the weight of each can change dramatically. Today, mortgage rates are near historic lows and have remained so much of last year, while home prices are only now beginning to ease. MSN talks with several real estate experts to examine if today’s trends are closer to the normal housing market.
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