What’s in store for 2017?

We got spoiled in 2016. Mortgage rates fell below 4 percent at the beginning of the year, and they spent the summer flirting with record lows. And they began 2017 above 4.25 percent.

It’s a good idea to keep things in perspective, though. For most of the past 50 years, homebuyers would have been delighted to get mortgage rates in the 4 percent range.

Higher mortgage rates might result in slower increases in house prices in the first quarter of 2017, but it will still remain a seller’s market in most of the country. Learn More