Thursday, December 3, 2015

Home Buyers: Watch Mortgage Rates Begin to Climb ... Buy Now!

Prices & Mortgage Rates Going Up in 2016


Posted: 03 Dec 2015 04:00 AM PST
Prices and Mortgage Rates Going Up in 2016 | Keeping Current Matters                         The monthly mortgage payment on a home is determined by two elements: the price of the house and the interest rate you pay on your mortgage. Recently released reports are revealing that the experts expect both elements to increase in 2016.

HOME PRICES

CoreLogic has projected a nationwide 5.2% home value appreciation for the next twelve months. Here is their breakdown by state:Pricing Forecast | Keeping Current Matters

MORTGAGE INTEREST RATES

All four of the entities that provide projections on mortgage interest rates agree: they’re going up in 2016. Here are the predictions over the next four quarters:Interest Rates | Keeping Current Matters

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