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The federal reserve raises interest rates and this increases the worries that mortgage rates will grow and the housing boom in the US will end. However, this will not be so fast. "The worries about rising interest rates and construction costs are offset by low unemployment and rising wages", said the executive chairman of the Miami-based.
Wednesday, June 27, 2018 Housing market remains strong, despite mortgage rate worries. Homebuilder Lennar reported sales and profits that topped forecasts and indicated there is still healthy demand for new homes despite rising mortgage rates. Source: Housing market remains strong, despite mortgage rate worries
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Housing market remains strong, despite mortgage rate worries – WISC The Federal Reserve is raising interest rates, and that’s led some to worry that mortgage rates will spike and put an end to the.
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The Federal Reserve is raising interest rates, and that’s led some to worry that mortgage rates will spike and put an end to the housing boom in the United States. Not so fast, according to the head of a big homebuilder. Stuart Miller, executive chairman of Miami-based builder Lennar, said Tuesday that "concerns about rising interest rates and construction costs have been offset by low.
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