By 2012, the median home price in the United States is expected to rise by about 4%.
As the financial markets begin to stabilize and the private sector gains more control back from the federal government, mortgage rates and home prices are expected to change.
Everyone will see changes, but they will vary depending on where you live.
Mortgage rates in San Diego are expected to stay pretty static through 2011, but by 2012 home prices are expected to rise 11.1.% This could spark an increase in interest rates as well.
San Diego Banking Rates will help you stay on top of the best mortgage rates available in San Diego. If you’re looking to buy a home in the next year or so, the interest rate you get may vary substantially. Finding a good interest rate in San Diego could make a difference of thousands of dollars.