CoreLogic recently came out with their Outlook for the U.S. Economy and Housing Market for 2019 in which they say, among many things, that higher interest rates will affect housing and the mortgage market – especially homeowners who currently have low-rate mortgages that will be incentivized to stay in their home rather than sell, keeping the new-listings flow relatively low. They anticipate economic growth will be about 2.4% with the unemployment rate coming in around at a 50-year low of 3.4%.
Click here to read the full report at CoreLogic.