RealtyTrac: Real Estate Markets Could Quickly Stall. Here’s Why

So far the market is doing well, as home prices and mortgage rates have “jelled nicely,” resulting in increased sales and rising home values, RealtyTrac reports.

But what happens if mortgage rates go up? Right now, the real estate market is “powered by mortgage rates that are less than half the norm seen by parents and grandparents,” the report says.

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