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Poll: Will Rising Rates Delay Your Housing Search?

  • July 1st 2013

by UrbanTurf Staff

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Poll: Will Rising Rates Delay Your Housing Search?: Figure 1

Last week, long-term interest rates spiked, rising to their highest rate in 18 months. On Thursday morning, Freddie Mac reported 4.46 percent with an average 0.8 point as the average on a 30-year fixed-rate mortgage. Rates were last as this level in July 2011.

While there have been a number of media reports that state rising rates will not deter people from looking for a new home, we have heard differently. So, prospective homebuyers, has this jump in rates resulted in you delaying your search for a new home? Let us know in the poll below. And if you have stopped your search, email us at editor2013@urbanturf.com.

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/poll_will_rising_rates_delay_your_housing_search/7268.

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