Mortgage Rates Start Inching Higher
RENEE MONTAGNE, Host:
NPR's Tamara Keith has more.
TAMARA KEITH: Tom LaMalfa is a consultant who has been watching the industry for 30 years.
MONTAGNE: From any historical context, it's - we're at the bottom end, the way-bottom end of the range over the last - say, three decades.
KEITH: Lawrence Yun, chief economist at the National Association of Realtors, says we could see 6 percent mortgages by year-end.
MONTAGNE: What will be critical in the second half of the year for the housing market is whether or not there will be other, new support factors coming into the marketplace.
KEITH: Tamara Keith, NPR News, Washington.
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