patrick.net

http://ochousingnews.com/news/what-will-a-long-term-rise-in-interest-rates-do-to-home-prices?source=Patrick.net

Everyone has an opinion on how rising mortgage rates will impact housing. Most of what you read in the mainstream media is wishful thinking from those who want to inspire buyer confidence in an uncertain market. The words of Pollyannas doesn’t educate anyone, but it does give people who are looking for assurance more than insight exactly what they are after. Most analysts agree that rising interest rates will reduce the buying frenzy.

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