10.5 percent is the amount that Fannie Mae economists predict that existing-home sales will rise by the end of 2013. They also predict that these sales will rise another 6.2 percent by 2014[1]. With rising sales volumes will come rising interest rates, the GSE economists added, saying that the 30-year fixed-rate mortgage will rise from 3.5 percent in Q1 2013 to four percent in Q4 2013. By Q4 2014, the analysts predict a 4.5 percent average interest rate.

 


[1] http://realtormag.realtor.org/daily-news/2013/03/29/big-predictions-for-housing-for-next-2-years