1/24/2006

January 2006 Economic Outlook

The big question: Will home price appreciation continue? The answer at this article is yes, but slowing to around 7% as the 30-year fixed interest rate rises overall to about 6.4%. House price appreciation is seen as being driven by income, employment and population growth increases. The adjustable rate mortgage loan holders, though, may end up refinancing this year as those ARM rates do go up.

No comments:

LinkWithin

Related Posts Plugin for WordPress, Blogger...
Web Statistics