So far in 2017, mortgage rates have remained flat or lowered. While most market analysts predicted higher interest rates by now, some surprise factors have kept the numbers low. This is great news for home buyers, but the second half of the year can bring about a rise in mortgage rates.
On one hand, the economy is strong, and unemployment is low. Low unemployment means more buyers in the market, which almost inevitably leads to higher interest rates.
On the other hand, failed healthcare legislation in e... read more