The Experts You Can Trust
If you thought that mortgage interest rates will increase, you have been mistaken. Freddie Mac, one of the leading government backed financial issuers, monitors the rates in the real estate market to possibly predict how the real estate industry will turn out come 2013.
The combined decline in home prices and mortgage interest rates gives way to the dramatic improvement in housing affordability, this according to Fiserv Case-Shiller, a leading global technology provider serving the financial services industry. “Housing affordability has improved dramatically because of declines in both prices and mortgage interest rates,” David Stiff, chief economist at Fiserv, …
Home Prices & Mortgage Interest Rates Declines Result to Dramatic Housing Affordability Read More »