FHFA: Rising interest rates not slowing down home prices…yet

Home prices continued their strong growth in the fourth quarter despite rising interest rates. Although interest rates are up, housing inventory is down, causing home prices to increase. However, the FHFA’s deputy chief economist explains it may simply be too soon to see an effect on the market from increasing interest rates. http://www.housingwire.com/articles/39303-fhfa-rising-interest-rates-not-slowing-down-home-pricesyet ❤️ #share #mortgage