Rates ticking upward, no I mean downard

Hi David, I feel that rates will remain in this range for most of the rest of the year. But when 2015 roles around, all bets are off and we could see rates in the 5's before years end, maybe even in early to mid 2015. That is my prediction but the point is the same as yours If Buyers can find a house this year they might be smart to try and benefit from the low rates. If the rates go up, prices may drop some but the costs will still be higher, so it is a fools bet to think home price decline and low rates will align together any time soon. But low rates with good home values will most likley not last very long either. There might be a period yet this year ( late in the year ) when there would be enough inventory with rates still at bargain prices to make some outstanding deals. But if you are the Buyer and think this is when you will act, so will all the other buyers that think this way and there will be bidding wars that will largely negate  the good home price. The time to act if you are going to anytime soon  is now!

Great info. Have a fine morning and a great day ahead.