Tagged : rising rates

Found 2 blog entries tagged as "rising rates".


money.cnn.com - After years of decline to rock-bottom levels, interest rates are on the rise. The average rate for a 30-year mortgage was recently 4.35%, more than a point above the 2012 low of 3.3%.

Whether you're buying, selling or refinancing a home, here's how to navigate the new environment. 1. No more record rates, but still cheap loans  2. The refi window is starting to close  3. Higher rates won't scuttle the housing recovery  4. Once you're ready to buy, lock in  5. Fixed loans usually beat adjustables

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money.cnn.com - If history is any indication, the recent spike in mortgage rates is going to have little to no impact on home prices, according to a new report from Fannie Mae.

After looking at mortgage rates going back to 1990, Fannie Mae's researchers came to the surprising conclusion that while rising rates were likely to hurt the number of home sales, they had virtually no impact on home prices.

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