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Volume 18 - Number 1

January 10, 2014

Interest Rates, Evolution Key in 2014

Analysts are predicting a slowdown in the housing market in 2014 with mortgage interest rates trending higher, putting a damper on new applications, and regulatory and political changes pushing down on economic recovery. Noting the strong 12 percent rise in home prices in 2013, analysts at Standard & Poor’s are expecting a 6 percent increase in the S&P Case-Schiller 20-City Home Price Index in 2014. A housing market analysis by Capital Economics, a macroeconomic research firm, says the rapid rise of ...

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