Rising Interest Rates Top Concern for U.S. Home Buyers in 2017

According to a new survey from Zillow Group Mortgages, the majority (53 percent) of current U.S. home shoppers consider rising interest rates to be among the top factors impacting their ability to purchase a home. Mortgage rates increased following the U.S. presidential election and federal funds rate hike in December. With several more federal funds rate increases expected this year, rising rates may have an impact on home buying activity and affordability for the first time in years.

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