Freddie: Great Expectations for Housing in 2013
OtherThe housing market is expected to continue its rise in the New Year, according to Freddie Mac’s U.S. Economic and Housing Market Outlook for December. Continuing to keep home affordability low, mortgage rates will likely remain near their record lows in the first half of 2013, Freddie Mac reports. However, the all-time low rates are expected to start inching up slowly during the second half of the year. Still, mortgage rates are expected to stay below 4 percent, Freddie Mac reports. Some other forecasts for the housing market in 2013, […]