Capital Economics: Expect home prices to increase as mortgage rates drop

Capital Economics: Expect home prices to increase as mortgage rates drop
For the last two weeks Freddie Mac reported 30-year, fixed-rate mortgages averaging 3.6%, a three-year low. These rates, combined with tight housing inventory will lead to an increase in home prices, Capital Economics said in a report on Monday. The report predicts a 3% rise in prices for 2019.
Source: https://www.housingwire.com/rss