Thursday, January 23, 2014

The Impact of Increasing Mortgage Rates on Prices


Hi Friends,

I want to share with you this article I came across in my reading. It expands the impact that mortgage rates have on prices. Please let me know if you have any questions!

"Many pundits are warning that there will be a drop in real estate values because mortgage rates are beginning to increase. The logic makes sense.  However, history shows that increasing rates have not negatively impacted home values in the past."

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