Tag Archives: rising interest rates

Homes Are Still Undervalued

Despite double-digit percentage increases in home prices, homes are still undervalued relative to incomes, according to CoreLogic. “Much of the recent house-price appreciation is a result of market correction for the significant undervaluation caused by the price declines in the … Continue reading

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Expected Mortgage Rates In 2014

Expected Mortgage Rates Expected mortgage rates will likely rise above 5 % in 2014 and average 5.3 % by the end of the following year, according to the Mortgage Bankers Association’s forecast. That would mark a big jump over where … Continue reading

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