Daily Archives: April 3, 2018

Rising Mortgage Rates

Posted on at 1:52 pm by Andrea Webber

Economists warn that rising mortgage rates could have a big impact on buyers shopping for real estate. Every increase in interest rate will exclude a percentage of buyers from becoming owners, especially first-time purchasers. Many have been sitting on the fence on buying while the interest rates have remained so low but seeing home prices rise by double digits per year in some major cities.

The addition of a new cap on the mortgage interest deduction and an additional new cap on state and lo…

Sign-up for Alerts

Sign-up to receive free listing and price reduction alerts, as well as monthly newsletters.

Your Name (required)

Your Email (required)