As I’m sure you are already aware, rates over the last several weeks have taken multiple jumps upwards. I have attached a very interesting article that discusses the correlation between rising rates and home prices. I think you will find it extremely informative. Click here to read more...
Another item I would like to share a GREAT tool for comparing changes in interest rates and home prices: "Potential Cost of Waiting". Please feel free to send it to potential buyers who may be on the fence with home prices.
