Whether they rise or not, things are going to change.
"We think rates are generally headed up. We have a growing economy both here and aboard,” said Mike Fratantoni, chief economist for the Mortgage Bankers Association (MBA). "We’re going to get some differing data like today’s jobs report which was off, but the next jobs report may see employment up. We are anticipating the job market is going to grow in 2014 and the recovery will continue." Via: Housing wire http://www.housingwire.com/articles/28551-things-to-know-about-interest-rates-in-2014 If would like to know the value of your home or are looking to buy a home in the near future call James Haydon at 631-759-6256 or send an email to jhaydon@coachrealtors.com
