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
The case for buying a home today is extremely compelling
Mark Davis, chief economist at Moody's Analytics, believes that the worst may be over for the troubled housing market in the United States. He is not alone in this sentiment: a senior economist at Bank of America also thinks that home prices will finally stop the vertiginous path of descent they have been on over the last few years, and the Chief Economist at Zillow believes the trough is near.