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2017 Housing Market Forecasts–Suburbs are In, Low Mortgage Rates are Out
Washington Post, Dec. 19, 2016–Orton, Kathy
Most observers expect home sales and prices to moderate in the coming year. They say suburbs will make a comeback while the days of low mortgage rates are over. The Mortgage Bankers Association predicts mortgage rates will rise slightly but remain low, purchase applications will increase and refinance applications will decrease.