Where are mortgage rates headed?

by Tracy Hookstra | November 16, 2015

Home prices continue to appreciate and, according to CoreLogic’s latest Home Price Index (via a recent KCM Blog post), they are predicted to be 4.7% higher next year. Mortgage rates are also anticipated to rise which can impact your monthly payments. Check out this infographic from Keeping Current Matters to see projections for 2016. If you have been thinking about buying a new home, be sure to meet with a real estate professional from The Jan Richey Team. With years of experience, they can help guide you during the buying experience to make sure you find the home (and monthly mortgage payment) that fits your family best!

Image: KCM Blog

Mortgage-Projections-KCM

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