Why do think Real estate mortgage interest rates are growing?

  1. Sekharg profile image71
    Sekhargposted 6 years ago

    Real estate mortgage interest rates stayed very low (around 4%) for a while.

    Now they are at 4.8% for 30 year mortgage.

    I asked a builder why they are growing.

    He said, every election year mortgage interest rates fluctuate.
    He said they will come down again.

    Do you guys have any insight into this?

 
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