When it comes to buying a property, many people tend to focus solely on the price tag. While the price is undoubtedly an important factor, it shouldn't be the sole consideration. There are several other critical factors that can significantly impact your financial well-being and overall satisfaction with your purchase. In this article, I will explore some key elements that should be taken into account before making one of the most significant financial decisions of your life.

The relationship between inflation and mortgage rates has a direct impact on borrowers. When inflation increases and mortgage rates rise, it can make borrowing more expensive for homebuyers.