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2015 Predictions for the Real Estate Market
2015 Predictions for the Real Estate Market 
As we come close to the end of the year, many would be thinking or planning of either buying or selling their property. Just like any other major decisions, one should not be hasty. Would the real estate market be prolific by the next year or would you rather leave it for the time being?  

It looks like the US economy is getting stronger and more stabilized which means that there will be more stable income and jobs for potential homebuyers. Here are some highlighted predictions or outlook about the US real estate market by the year 2015: 
Interest Rates – expect to see a climb in numbers throughout the year 2015. With the yields on the 10 year Treasury averaging from 2.6 percentage points in 2014 up to 2.9 percentage points. In terms of mortgage rates, a look on 30-year old fixed mortgage will climb gradually with a median number of 4.6 percent up to 5 percent by the end of next year. 
Appraisal rate - for home value will be slowly and steadily be at 3 percent instead of the previous 6 percent. This is good news for anyone who is ... more

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