Rising Rates Aren’t a Concern to Most Americans

Printer-friendly version
September 18, 2015

As long as homebuyers can get a mortgage and find a home they like, the rate hikes around the corner aren’t a concern to most Americans, writes Trulia’s chief economist Selma Hepp.

“When the Feds decide to raise rates, any increase will be nominal and gradual. The anticipation is that the initial increase will be only 25 basis points (e.g., from 3.75 percent to 4.00 percent),” she writes.

With that said, mortgage rates may have to exceed six percent before they would discourage prospective buyers from buying a home.

Read more

Comments on: "Rising Rates Aren’t a Concern to Most Americans"

July 2017

This Month in Professional Builder

Products
Features

Ashton Woods launched Starlight Homes to target entry-level home...

Overlay Init