Uncategorized November 23, 2013

Predictions for 2014

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According to Freddie Mac’s most recent US Economic and Housing Market Outlook we should expect the following trends next year:

  • A purchase (rather than refinance) driven mortgage market
  • Housing affordability to rise
  • Increasing mortgage rates
  • Housing starts are projected to rise
  • Home values will continue to rise

Check out the full article here to read more about the predictions and more!