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From CNBC: "Here's how a 5% mortgage rate would roil the US
Posted by grapebed of MO on 2/12/18 11:30am Msg #589771
Housing Market"

"Mortgage Rates have not been at 5.0% since 2011. A 5 percent rate would cause more than a quarter of today's homebuyers to slow their plans, according to a Redfin survey of 4,000 consumers at the end of last year. Just 6 percent said they would drop their plans to buy altogether. About one-fifth of consumers said 5 percent rates would cause them to move with more urgency to purchase a home, fearing rates would rise even further. Another fifth said they would consider more affordable areas or just buy a smaller home."



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 From CNBC: "Here's how a 5% mortgage rate would roil the US - grapebed on 2/12/18 11:30am
 Re: From CNBC: "Here - rengel/CA on 2/12/18 8:05pm



 
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