2017 Real Estate Looks Good Despite Rising Interest Rates

May 10, 2017, 1:20 PM

2017 Real Estate Looks Good Despite Rising Interest Rates
There is good potential for Real Estate to remain strong for the remainder of the year. Though interest rates have risen since the end of 2016 (they rose from 3.5% at the end of 2016 and are now hovering over 4%), there are other important factors that may help to keep the real estate market steady. The new administration is making changes to Dodd Frank, which had put strict regulations on the mortgage industry. This may enable more money for small banks to lend, and allow more home buyers to qualify for loans. The new administration is also supposed to be easing up on some regulatory burdens making the building market more attractive to builders. Call me to help you best plan your purchase or sale with our changing economy. Click below for more info:
Source: REALTOR Magazine January 2017, Forbes Nov 2016
https://www.forbes.com/sites/lawrenceyun/2016/11/1...