How a Recession Could Impact Mortgage Rates and Home Prices

The economic headlines are full ofrecession indicators, fromtariffsand a potential trade war to wild stock market swings. With mortgage rates dipping slightly, some homebuyers are wondering if there might be a silver lining to a downturn -- namely, lower mortgage rates and home prices.I've worked in real estate for more than 20 years, and I've seen my share of market fluctuations, from boom times to full-blown crashes, like in 2008. When it comes to whether you should buy a home now, the economy is just one thing to consider. If you're financially ready, it could make sense to buy a home, even in a messy market. TAX SOFTWARE DEALS OF THE WEEK H&R Block Free Simple Tax Returns eFile: $0 (save $0) TurboTax Deluxe 2024 (Federal and State, PC/Mac Download): $56 (save $24) TurboTax Premier 2024 (Federal and State, PC/Mac Download): $83 (save $32) Deals are selected by the CNET Group commerce team, and may be unrelated to this article.To help you make an informed decision, here's a look at w...