Will A Fed Interest Rate Hike Slow The Housing Recovery?
The Federal Reserve is expected to start raising interest rates later this week, and anyone who’s ever bought a house — or thought about it — knows that if mortgage rates rise by much that will make it tougher to afford a home…
…Looking ahead to next year, one big question will be whether first-time homebuyers finally will return to the market. William Wheaton, a housing economist at MIT, says millennials just aren’t settling down and buying houses like past generations — partly because fewer are getting married.
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