Mortgage interest rates are expected to rise this year, and the increase will likely curb refinancings and affect move-up home buyers.Neither higher interest rates nor fewer refis are expected to have a significant impact on housing starts or home sales, however. 'Interest rates are so low right now that a modest increase wouldn't have much effect on sales,' according to Walter Molony of the National Association of REALTORS®.
See project rates for 2013,2014
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