The home-buying market screamed its way into every publication you read and every dinner-table conversation you participated in for the past year. Not only did people pay the listed price for a home, they fought to outbid each other. It made sense — mortgage interest rates were at the lowest in history, the pandemic encouraged nesting, and folks were flush with cash from government stimulus money and nowhere to spend it.
As inflation surges, mortgage rates rise and recession looms, it is still a good time to apply for a mortgage and buy a house?
