Prices & Mortgage Rates Going Up in 2016

The monthly mortgage payment on a home is determined by two elements: the price of the house and the interest rate you pay on your mortgage. Recently released reports are revealing that the experts expect both elements to increase in 2016.


CoreLogic has projected a nationwide 5.2% home value appreciation for the next twelve months. Here is their breakdown by state:



All four of the entities that provide projections on mortgage interest rates agree: they’re going up in 2016. Here are the predictions over the next four quarters:

Rates (1)


With both home values and interest rates projected to increase over the next twelve months, buying (or moving-up), sooner rather than later, makes sense.

b3d91cc6 c759 49ec a9a6 ab31279d266a c1e8b0e0 0a95 4a81 bbd3 943f7d1e0d44 709818e4 f0b1 4ed6 b46f e3b682aa21a2 678e5d49 d096 4867 bcf8 4e2a2ca676b9 f7ec41a9 cc9e 41b5 bf8d 23af3801692e ec8080aa 9e04 401d a8db a4f9aed00452 3a3387f2 aa39 4035 a598 afd6a1bf8793 5d322f93 78b6 4abc 875c a1fe2a4cb106 2147b805 b7ee 4682 b6c5 f166f8e59bc6 90c99cfa cfdb 4d33 a94d 728b2e42bb5f 3b7f4698 c01b 432c b1a6 b821a9d3d5b4 191cf6b5 553e 43c5 b66b 9b6bf5f765e6 67f796dd ed08 4ea5 989b 1d3c9dde2002 1fa50fc3 7bb4 43e2 aa7f 5c45a4b74557 4e41479a d48d 4e09 87c2 906e5a8453c7 101d6e74 2eb4 44b9 88da c6b807b7a0dc cbb628b5 8a45 415a 98c2 cd5c8c7a1181 cb644e3c 4be2 4f7f a16b 014271aa385a afd33d4b bd66 4dd4 9280 ab59b3252c17 143bb20f a900 4a98 81c7 dc44495c09d0 27b5785a 4bc6 4b2f b5d4 f47788f2e259 0966f828 db97 4461 87a3 d4f797eced50 ade2f116 3e18 4704 bffb 1067dc0cd6ea