Lake Norman Real Estate Mooresville NC Homes For Sale

Lake Norman Real Estate Mooresville NC Homes For Sale

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Prices and Mortgage Rates Going Up in 2016 | Keeping Current Matters The monthly mortgage payment on a home is determined by two elements: the price of the house and the interest rate you pay on your mortgage. Recently released reports are revealing that the experts expect both elements to increase in 2016.

HOME PRICES

CoreLogic has projected a nationwide 5.2% home value appreciation for the next twelve months. Here is their breakdown by state:Pricing Forecast | Keeping Current Matters

MORTGAGE INTEREST RATES

All four of the entities that provide projections on mortgage interest rates agree: they’re going up in 2016. Here are the predictions over the next four quarters:Interest Rates | Keeping Current Matters

Bottom Line

With both home values and interest rates projected to increase over the next twelve months, buying (or moving-up), sooner rather than later, makes sense.  
Lake Norman's best search tool with real live people behind it are at http://www.OurLakeNormanHome.com

If you'd like to know your home's value visit http://www.LKNHomePrices.com


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Phone: 704-819-2774
Dated: December 5th 2015
Views: 276
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Keller Williams Realty - Monica Besecker
118 Morlake Dr. Suite 100
Mooresville, NC
704-766-8368
704-360-2591