Tag Archive: crystal ball

Will Rising Interest Rates Affect Home Sales in 2010?

A reader of this blog asked a good question this weekend: what happens to sales when rates rise?This is an intriguing question.  While I had my suspicions, I wasn't sure what I would find so I put together this little image from Twin Cities MN Pending Sales and the 10 Year Treasury Note.  While the 10yr ...

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4.5% Interest Rates Hurt Housing

In the last two weeks we've seen interest rates on 30 year fixed mortgages move from 4.5% to 5.5% (or higher) that's a big OUCH.  This full interest rate point swing has meant that ...

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