The housing market could be in for a shock from rising interest rates and the new tax law
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- Interest rates for mortgages are going up and the new tax law removes some of the tax incentives for homeownership.
- While the US housing market is still strong, there could be trouble ahead.
The average interest rate for 30-year fixed-rate mortgages with a 20% down-payment and with conforming loan balances ($453,100 or less) that qualify for backing by Fannie Mae and Freddie Mac rose to 4.64%, the highest since January 2014, according... Читать дальше...