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Poll: Will Rising Rates Delay Your Housing Search?

  • July 1, 2013

by UrbanTurf Staff

Poll: Will Rising Rates Delay Your Housing Search?: Figure 1

Last week, long-term interest rates spiked, rising to their highest rate in 18 months. On Thursday morning, Freddie Mac reported 4.46 percent with an average 0.8 point as the average on a 30-year fixed-rate mortgage. Rates were last as this level in July 2011.

While there have been a number of media reports that state rising rates will not deter people from looking for a new home, we have heard differently. So, prospective homebuyers, has this jump in rates resulted in you delaying your search for a new home? Let us know in the poll below. And if you have stopped your search, email us at .(JavaScript must be enabled to view this email address).

This article originally published at http://dc.urbanturf.com/articles/blog/poll_will_rising_rates_delay_your_housing_search/7268

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