Funkhouser Real Estate Group
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Friday, October 5, 2018
Mortgage Interest Rates
Mortgage interest rates keep on rising.  The question now seems to be whether the higher rates will take anyone out of the market to buy -- or will put a damper on rising home values / sales prices.

Thus far, buyer activity has continued to be quite strong in 2018 despite these modest increases in interest rates.

Interest rates have not quite risen a full percentage point over the past year....

3.85% back in October 2017
4.71% today