Rising Mortgage Rates Are Good For The Market

Yes that is right.  “The rate jump could very well be a deterrent for those buyers on the fence. Or it will motivate people to make a move, instead of waiting for financing costs to grow more expensive.”

Also, it will make borrowers stop listening to the media about rates of 4%.  It is pure greed.  Rates are at historic lows, don’t miss out on it over .25% difference in rate.