Interest Rates Archive

Low Mortgage Rates and the Housing Market: Pros and Cons

While low mortgage rates boost consumer buying power, the reason for the low rates could hold home buyers back. Economic forecasters and analysts have frequently missed the mark recently when forecasting interest rates. In general, forecasters and experts have...

The Impact of Rising Interest Rates on Home Prices

Mortgage rates have been rising and are expected to increase further over the next two years.  Home sales and home prices are generally impacted negatively if mortgage rates were the only things changing.  Fortunately, there are other economic variables...

REALTORS’® Confident About the 6-Month Outlook Improved in April 2015

In April 2015, more REALTORS® were confident about the outlook for all property types in the next six months than they were in March and a year ago[1], according to the April 2015 REALTORS® Confidence Index Survey. The April...

Using NAR Research to Address Prospective Buyer Concerns “I’m Worried About Mortgage Rates”

Interest rates are in the news:  Projected to rise from their historically low levels as the Federal Reserve winds down Quantitative Easing.  Is this a major problem for the prospective buyer?  The Answer: “Probably Not.” Obviously, buying a home...

Strong Dollar but No Relief on Housing Costs

The Almighty Dollar is showing the world who is the boss.  The dollar has strengthened against nearly all other foreign currencies in the past year.  The strong dollar is a reflection of better economic conditions and greater confidence in...