Here is a round up of the mortgage interest rate projections for 2015 by Fannie Mae Freddie Mac, the Mortgage Bankers Association and the National Association of Realtors:
This table was provided by the KCM blog.
Time will tell where interest rates end up at the end of the year. One interesting thing to note is that an increase in interest rates does not mean a decrease in home prices. Pricing is determined by supply and demand.
If you would like to buy or sell a home, call me today.
Thank you
Carla Brooks
703-577-4960
brkslong@aol.com
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