Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this increase in rates, some are guessing that home prices will depreciate.br /
However, some prominent experts in the housing industry doubt that home values will be negatively impacted by the rise in rates.br /
Mark Fleming, First American’s Chief Economist: br /
“Understanding the resiliency of the …