Some real estate agents argue that rising mortgage rates could spur some undecided home buyers to act before rates rise even more.
Yet, if 30-year-fixed rates climb above 4.5% and stay there, some buyers will be priced out of the home market, Keith Gumbinger, HSH.com vice president, told USA Today.
“If rates hold at these levels, there definitely will be an impact on home sales,” Gumbinger said in the report.
iShares US Home Construction
