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When will relief come for mortgage rates in 1981
The Chicago Sun Times notes 1981 is marked by a long housing recession with rates topping 18 percent in many markets. MGIC Realty surveys show fixed rates nationwide top the high 18s, AMLs hover around 15 to 19 percent, and Charlotte NC leads AML affordability at 14 to 17 percent. Analysts expect rates to plateau into 1982 and rise again in the next recession.
MENTIONED IN THIS ARTICLE
Chicago Sun-Times
Maine
California
Seattle
Houston
Oakland
Boston
Mgic Investment Corp
Washington, D.C
Atlanta
Philadelphia
Chicago
Cleveland
Charlotte
N.C
MGIC
Lowell Stahl
Century 21 Real Estate Corp
Northern
Illinois