Howard Morley
Howard Morley
confidence flip interest market mortgage rates side year
The flip side is that mortgage interest rates are now in decline, which will give the market a little more confidence as the year unfurls.
annual appears curve growth market occurred price rate reached rise slowing
The rate of annual growth has been slowing as would be expected, with most of the rise in the market having occurred in 2004 and 2005, but now the price growth curve is flattening out and the market appears to have reached a comfortable plateau.