2016 Predicted to Be Housing’s Golden Year

Officials from mortgage giant Freddie Mac have made a bold prediction: This year housing starts and home prices will reach their highest levels since 2006.  The main reasons behind its bullish forecast is low mortgage rates, an improving job market, and a gradual increase in housing supply.  “Expect the 30-year mortgage rate to remain very attractive throughout the spring home-buying season, staying below 4 percent until the second half of the year,” according to Freddie Mac’s monthly Outlook for March.

Read article – Realtor Magazine

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