• In an Environment of Increasing Rates, Housing Is More Sensitive to Shifts

    5 monthes ago - By RIS Media

    Compared to past years, there is a deeper link between home prices and rates today, according to new research by Zillow.
    Fifty-eight percent of respondents to the latest Zillow Home Price Expectations Survey believe the connection between home prices and rates is “sensitive” more so than in past periods when rates shifted. More than 100 economists and experts participated in the quarterly survey.
    As the economy and housing market recovered, interest rates rose and withdrew. The average 30-year fixed mortgage rate is 4.45 percent today, according to Freddie Mac-a departure from 3.99 percent...
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