What Happens If The Fed Raises Rates?
Nearly two-thirds of the consumers polled said the maximum price they would pay for their first or next home was $250,000. With 20 percent down, the rate increase could mean some buyers would qualify for less on a mortgage, but it would not turn those buyers away.
9/17/15 excerpt from post on cnbc.com titled “Do homebuyers really care about rising rates?” Edited by Diana Olick | @DianaOlick
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