Name: Zillow predicts rising mortgage rates will discourage buyers
Uploaded: 2020-03-09T22:52:32.000Z
Duration: 1 min 40 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

To-infinitive

well, if you're in the market to buy or sell a home next year, there's a new report out now predicting another kind of tough year for buyers in the Denver metro.

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Brady's Joining us now call mortgage rates are continuing to rise.

Yeah, they are actually Mitch mortgage rates going up, will ADM.

Or two What you pay per month than home value increases.

And Zillow says that is a big change in the narrative that we've seen for housing over the last couple of years.

In general, right now, home values are actually not going up as fast.

Zillow is predicting Ah, 6% increase in the Denver metro over the next year, while some sources air forecasting even lower than that.

But mortgage rates are predicted to rise, Ah lot Zillah predicting more than a full point in the next year, which would add hundreds of dollars a month to a mortgage.

Zillow also predicts rents will go up next year is a result of this something else that will impact the housing market, according to Zillow.

Next year, up predicting cities that lost Amazon H Q two will see continued job growth from other tech companies that will look to cities like Denver and look at the pitches they made to Amazon and decide to come here s o the mortgage rates that we're talking about.

They're still at historic lows from back in the eighties and nineties, but they're the highest millennials have ever seen.

And millennials are really driving a lot of the buying right now.

These cost, you know, a little less if you use led.

So you might wanna think about that next year when you're paying for that expensive home pick.

The led is especially if you're gonna leave him on all night.