In a somewhat odd trend, rising mortgage rates are moving in tandem with increasing housing prices in many markets, leaving some housing analysts to explain this non-customary situation.
Typically, rising mortgage rates result in leveled off or even falling home prices because fewer people can afford to buy and typically that trend eventually cools a torrid housing market.
But so far that hasn't happened. John Beacham, CEO of Toorak Capital Partners explains why.
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