Loading…
Thursday, July 10, 2014
Current Weather
Loading Current Weather....
Published: Wednesday, 7/17/2013 - Updated: 11 months ago

BUSINESS BRIEF

Rising mortgage rates 
a concern for buyers

BLADE STAFF

In the current housing market, prices are high, the supply of homes is low, and credit is tight. But the number one concern for potential homebuyers is rising mortgage rates, according to a recent online survey by real estate research firm Trulia.com.

More than 40 percent of people who planned to buy a home said they were worried about rising rates, followed by rising home prices and low inventory.

The 30-year fixed rate touched 4.5 percent last week, according to data from Freddie Mac.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.