Although they don’t seem to have dealt the industry a huge blow in the short run, interest-rate increases could put the brakes on homebuying in the long term
Rising interest rates could make younger retirees reconsider taking out reverse mortgage credit lines
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The guidance of financial planners can put client minds at ease about one controversial mortgage product, but could also result in a future referral partner.
Originators fear not – rising interest rates aren’t scaring off homebuyers.
A recent housing and mortgage market review predicts a low probability of home price declines, but that the highest risk remains in oil-producing states.
The housing market seems to be on the road to recovery – but more expensive homes are regaining value much faster than more affordable ones.
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