What to consider when buying a home amid rising mortgage rates

Posted by Staff Reporter on Oct 08, 2018 04:06 PM EDT
  • email
  • print
mortgagemore big
(Photo : Flickr | Investment Zen)

Many economists say mortgage rates will continue to trend upward this year and peak around 5 percent at most, which is still below average. Mortgage rates averaged consistently above 10 percent every year between 1979 and 1990 and then eased down to a range from 6 to 8 percent between 1992 and 1998, according to Freddie Mac's records. 

Read Full

Get the Most Popular RealtyToday Stories in a Weekly Newsletter
Real Time Analytics