What effect do interest rates have on the ability of consumers to buy a house or car?

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Maia Norton

12 March, 21:11

What effect do interest rates have on the ability of consumers to buy a house or car?

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Demetrius Ho · Answer 1

Not one likes high interest. if you buying a house, car or anything of value. the higher the interest the less likely a person would get the house or car. Right now the interest rate of a hose with the lowest is 3.5% being the most affordable.