Interest Rates on the Way Up

From Realtor(R) Magazine: 'The average rate for a 30-year fixed loan increased to 4.61 percent in the week ended Thursday, Dec. 9, from 4.46 percent the previous week. The average 15-year rate rose to 3.96 percent from 3.81 percent.' Buyers who have been waiting for 'the bottom' may have actually missed it. Realtor Magazine theorizes that this could be a stimulus to get foot-dragging buyers to pull the trigger.

For more, follow this link: REALTOR® Magazine-Daily News-Rising Rates Could Get Buyers Moving