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How Will Mortgage Rate Hikes Impact Home Sales?

June 18, 2015 7:03 am

How Will Mortgage Rate Hikes Impact Home Sales? | Keeping Current Matters When mortgage interest rates begin to climb, experts immediately begin to discuss home affordability indexes. They calculate how an increase in rates will slow home purchases as more and more potential buyers are priced out of the market. Today, with home prices also increasing, many believe that home sales may slow down rather dramatically.