Friday, May 22, 2015

OCHN: April 2015 home sales pummeled by rising mortgage rates

If mortgage rates are allowed to rise, the spring 2015 housing rally will be canceled.


Back in February of 2013 when mortgage rates were near record lows, I wrote that future housing markets would be very interest-rate sensitive, despite assurances to the contrary from most...
April 2015 home sales pummeled by rising mortgage rates

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