Home buyers not deterred by rising mortgage rates or home prices

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Michael Jacinto, a past Bay East President, observed that the threat of rising interest rates appears to be par for the course as buyers scramble to compete for a limited selection of homes. "Even though interest rates after the election moved up by 0.5% to 0.625%, it still has not deterred buyers from moving forward," Jacinto said.

Rising mortgage rates are not deterring buyers. by Lauren Brocato July 5, 2018. A new study by Redfin indicates that despite rising mortgage rates, soon-to-be buyers are still in the market, even if it means making some compromises.. Last month, Redfin conducted a survey of more than 4,000 people who bought or sold a home in the last year, attempted to, or planned to do so soon.

The Federal Reserve’s long-awaited interest rate hike has left some mortgage holders and those thinking about seeking a mortgage unsure how to react. Don’t be deterred. Understanding what this rate.

If you’re considering buying a home because of rising mortgage rates, Consumer Reports shares what you need to know about inflation and other economic events that make it more expensive to borrow.

What is title insurance, and is it required? Title insurance is an optional insurance policy for homeowners. Most real estate experts recommend that you purchase it always, however. You may never need to make a title insurance claim.

Consumers not deterred by rising mortgage interest rates, survey finds. Aug 13 2013.. Consumer attitudes towards the housing market are increasingly positive despite the recent rise in mortgage interest rates, a new survey shows.. which finds that interest rates and home prices are not.

"Rising prices and interest rates have reduced home buyer activity and led to a gradual slowing in appreciation," Dr. Frank Nothaft, chief economist for CoreLogic, said in a statement. North Dakota was the only state to show a year-over-year decline in prices this month, with home prices sliding 1.2 percent annually.

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Rising mortgage rates and home prices can make it easy to get the buyer blues. But not all the news is bleak. There are positive signs that homebuyers can take to heart. New survey data indicate.

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Mortgage & Finance >. Millennials Weren’t Deterred from Home Buying in October. "Although housing prices and interest rates are still rising at a faster pace in 2018 than they have in.

Forty-five percent of respondents said they thought it would be easy for them to get a home mortgage, a decrease of two percentage points compared to the previous month. Consumers have taken the.