Rising interest rates can be a bad thing for several reasons:
Rising interest rates can be a good thing for several different reasons.
Many people are wondering if all this positive news about the housing market and increase in home prices is setting up the market for another housing bubble. The answer is no.
This market increase is very different in several ways.
During the current phase of home price increases, the market is very different from the market prior to 2006 and the price increases are healthy market driven increases, rather than being falsely inflated.
Mortgage rates are heading up as are home prices. See how mortgage rates have changed this year so far and how they are predicted to increase. Take a look at the infographic below from KCM Blog.
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