Tuesday, December 11, 2012

Property Values Expected to Rise in 2013

Mortgage rates are likely to remain near record lows for the first half of 2013, while property values are expected to strengthen, said mortgage-finance companyFreddie Mac FMCC +0.33%.
The company expects long-term mortgage rates to rise gradually in the second half of 2013, but to remain below 4%, according to its U.S. Economic and Housing Market Outlook.
http://blogs.wsj.com/economics/2012/12/10/freddie-mac-mortgage-rates-to-stay-low-property-values-to-rise-in-2013/?mod=wsj_valetbottom_email

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