Sentences with phrase «mortgage rates increase substantially»

We believe there is a potential risk of additional home price declines in 2010, if the government stimulus assistance is withdrawn and mortgage rates increase substantially.

Not exact matches

Mortgage rates are staying in a tight range for now but could very well be on track to increase substantially by the time 2019 rolls around.

After mortgage rates have stayed relatively flat with minimal change to the APR in recent weeks; rates among conventional and government programs increased substantially this week.

Adjustable Rate Mortgages are normally not recommended for homeowners because monthly payments can increase substantially once the interest rate resets making it difficult to make the monthly mortgage paymRate Mortgages are normally not recommended for homeowners because monthly payments can increase substantially once the interest rate resets making it difficult to make the monthly mortgage paymrate resets making it difficult to make the monthly mortgage payment.

If you have studied the market and believe rates are going to fall over time a variable rate mortgage might provide savings over time, but if you are wrong and rates increase your mortgage payments could spike and your interest payments could increase substantially.

While these loans often start with a reasonable interest rate, once they switch to the higher variable rate the mortgage payments increase substantially.

More key rate increases — and subsequent mortgage rate increases — could hinder a housing market already set to slow substantially in 2017.