Seeking Alpha

Robert Michaels

 
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  • Do Mortgage Rates Really Matter?
    Fri, Mar. 21 BX 6 Comments

    Summary

    • Mortgage rates will remain steady - within 4% to 6% for 2014.
    • Unaffordable home prices will slow demand and home sales this year.
    • Home valuations begin to flatten by mid-year.
    • Stagnant wages and consumer spending declines weaken consumer confidence.
    • First-time homebuyers still grapple with low wages, part-time employment and student debt.