Tuesday, November 19, 2013
As noted previously, in this blog and many other outlets, the rates are expected to go up in 2014.
For those of you looking to buy a home or sell a home, please read this latest confirmation that
the house market slow down coupled with Fed bond purchases will keep rates steady...IN THE SHORT RUN.
The slow down is seasonal and should make a marked improvement in Spring 2014. All the factors: low rates, pent up buyer demand, short housing stock(oh this has to change!!) will drive buyers into the market.
So read for the latest but remember acting now is the best time to act. Waiting will only cost you!!!
Freddie Mac: Slower Housing Market, Steady Rates Till 2014