Gradually rising rates shouldn’t dampen market
Reblogged from: Housingwire – Trey Garrison
Housing activity has strengthened in recent months, as gains in both new and existing home sales in May pushed total sales up to their highest level in eight years.
Analysts say a combination of job creation growth and an overdue upturn in mortgage lending, along with high levels of consumer confidence should ensure that this strength continues.
But for how long, and what could change it? What’s it mean for the rest of 2015?
Visit my website at: www.juliecnichols.com or contact me with any of your home loan questions.