Interest rates

Mark Fowler: What can we learn from previous episodes of rising interest rates?

Business

If interest rates rise more than we think, bigger declines in house prices could be in the offing, writes Mark Fowler. Photo/Getty Images

OPINION

Over the past 30 years, house price growth has always slowed when interest rates have risen, but higher interest rates have not always been associated with sharp declines in home prices. ‘real estate.

The difficulty to