Will Rising Interest Rates Delay Your Housing Search?

  • May 23rd 2018

by UrbanTurf Staff

✉️ Want to forward this article? Click here.

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

Last week, long-term interest rates rose to their highest level in seven years. On Thursday morning, Freddie Mac reported 4.61 percent as the average on a 30-year fixed-rate mortgage, the highest level for rates since 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, UrbanTurf is wondering if that is really the case. So, prospective homebuyers and real estate professionals, has this jump in rates resulted in you or your clients delaying the search for a new home? Let us know in the poll below. And if you have stopped your search, email us at editor2018@urbanturf.com.


See other articles related to: interest rates

This article originally published at https://dc.urbanturf.com/articles/blog/will-rising-interest-rates-delay-your-housing-search/14015.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!