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The Housing Market CAN THRIVE at 5% Mortgage Interest Rates

By Paul Curtiss | Dec 7, 2018
Housing Market Can Thrive | SummitLDS

Housing market thrives: Early November saw the 30-year, fixed mortgage rate hit a seven-and-a-half- year high of 4.86%.  Experts predict that mortgage rates will continue to rise, reaching 5% in 2019. However, let’s put it in context.  Today’s rates are higher than the 3-3.5% rates of 2016, but they remain well below the historic average of 8%.  However, this increase…

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