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Interest Rates Are Expected to Increase Again (VIDEO)

Investors brace for another big interest rate increase this week from the Federal Reserve. The hikes are having an effect on homebuyers.

United statesKelly fogulGarrett severenMarisa severenHeather blanchetAlexis sandeZach van emmerickHolly meyes lucusFederal reserveJoy dysartFederal reserveReal estate

Elevated mortgage rates push home prices even lower

Economists with Moody’s Analytics predict national home prices to decline 5% to 10%. In “significantly overvalued” housing markets, experts expect home prices to drop between 15% to 20%.

United statesTampa bayPolk countySankt peterburgGary ralstonAlexis sandeSaunders ralston dantzler realtyTampa bay areaRalston dantzler realtyMortgage ratesAbc action newsTampa bay local newsHousing correction

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