According to Forbes the year 2017 has a few changes in store.
- Prices will rise but slower than in 2016
- Affordability will worsen
- Mortgage rates will be moving up and down more than in the past
- Availability of credit might improve
So what this means is no one really knows what might happen. What we do know from past experience is if you buy a home with a mortgage too large and are pressed to make the payment every month small things like increased in gas prices ( could cost $150.00 more to fill car every month) or heating oil along with a reduction in hours worked could send many into... Read more