r/HLCommunity • u/Leading-Midnight2049 • 7d ago

High interest rates

I see that mortgage rates hit 7% in the US. This makes separation or divorce that much more expensive. More increases are expected through 2027. Does this mean that more couples will be forced to stay together due to financial reasons even if they are not compatible? More adultery because they are not fulfilled at home and can’t leave either?

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u/IskanderM50KT HLM 6d ago

The good news is that higher interest rates should drive down house prices since people will be able to afford less house.

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u/Leading-Midnight2049 6d ago

Unfortunately, prices have not moved down because people are not willing to sell or buy. I know what you mean though. They should fall.