Housing Boom Time? U.S. Mortgage Market Outlook for 2016

With 2015 rapidly fading in the rear view mirror, U.S. homebuyers and sellers are seeing their thoughts turn to the 2016 residential real estate market.

Several factors that could impact the real estate sector are already in play -- a fresh interest rate hike from the Federal Reserve (with more rate hikes likely to follow in 2016), stronger U.S. gross domestic product growth and a moderately stronger jobs market should bolster the economy and raise both mortgage rates and home prices, experts say.


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