Housing Prices

Mortgage Rates and Housing Prices Expected to Rise in 2014

Even though 30-year fixed rates dropped in the first half of January, many analysts expect fixed mortgage rates to go up somewhat in 2014, but to top out at around 5%. What this means for buyers is that while higher than 2013's historic lows, the rates will remain favorable and predictable for homebuyers. What is less predictable is the potential rise in home prices. In fact, a Fannie Mae survey shows...

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