Why Mortgage Rates Shouldn’t Make or Break Home Buying Decisions

January 7, 2015

Those considering making a home purchase recognize that interest rates on mortgages and home sales aren’t as connected as we think, Philly.com reported.

 

Contrary to how important analysts consider interest rates to be in homebuying decisions, it’s actually consumer confidence and the perception of the economy that have the greatest effect on the housing market.

 

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