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The Impact of Increasing Mortgage Rates on Prices | Keeping Current Matters

January 14, 2014

 

 

The Impact of Increasing Mortgage Rates on Prices

by The KCM Crew on January 14, 2014 in Interest Rates

Many pundits are warning that there will be a drop in real estate values because mortgage rates are beginning to increase. The logic makes sense. However, history shows that increasing rates have not negatively impacted home values in the past.

Four times over the last 30 years mortgage interest rates have dramatically increased. Here is the impact the increases had on home values at the time:

Table

Perhaps the impact of increasing rates on future home prices won’t be as dramatic as some are predicting.

 

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