Rising Interest rates won't raise property values.

According to CNN/Money, Fannie Mae has announced that raising interest rates won't hurt the increase in property values if history is correct.

"History suggests that interest rate increases at the level recently witnessed will not stop the current housing recovery," the report said.

Read the whole story here:  http://money.cnn.com/2013/07/18/real_estate/mortgage-rates/index.html

Contact Chris F Campbell for more information.  www.AZNativeProperties.com or Chris@RooPhoRealty.com