Here we go!!!
Another "firm" statement that interest rates are going up. Should you worry about that, don't!!
As you read, you will note that the rates being up or down really isn't matter. Jim notes out the expectation is the refinancing and new purchase money will continue strong due to the strengthing economy.
It is called pent up demand be released by greater confidence in one's employement(getting a new job will do that for all the people finding employment). A second factor is home owner's having the confidence in the real estate market and improved values to make the move that they have held off for 3-5 years.
With more homes, more buyers will be satisfied. And of course, some of those new active buyers will have a home to sell, helping both inventoiries and the market. Add the investors with rentals to unload!!
The market will only continue to improve.