Historically low mortgage rates, along with credit availability, improving economic conditions and low advertised supply levels, have fuelled a solid rebound in housing activity and values. With mortgage rates likely to remain at their record low setting, at least through this year and probably next year, we are expecting to see further upwards pressure on housing prices. Despite the rapid pace of capital gains since October last year, national housing prices are only 2.8% higher than…
Click here to view the original article.
The post Prolonged record low mortgage rates fuel housing value growth, but for how long? appeared first on Mackay Online News.
Warren Ruth is still early into his career as tech and digital marketing reporter but has already had his work published in many major publications including JoyStiq and Android Authority. In regards to academics, Warren earned a degree in business from CSUF. Warren has a passion for emerging technology and covers upcoming products and breakthroughs in science and tech.