Higher interest rates benefits people offering cash?

If it costs more to pay a mortgage and therefore what people can offer is decreased, the people buying with cash benefit from potentially lower offers?

I’m assuming people with cash offers are using a line of equity to make the offer so I feel like they would feel the interest rates too and also offer lower.

submitted by /u/broomosh
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If it costs more to pay a mortgage and therefore what people can offer is decreased, the people buying with cash benefit from potentially lower offers? I’m assuming people with cash offers are using a line of equity to make the offer so I feel like they would feel the interest rates too and also offer lower. submitted by /u/broomosh [link] [comments]

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