HOME­BUY­ERS

The Denver Post - - BUSINESS -

For potential home­buy­ers, the ef­fects of a rate hike are harder to gauge. “We’re fac­ing higher mort­gage rates in the U.S., but I don’t think it will hap­pen im­me­di­ately,” said Perc Pineda, se­nior econ­o­mist at the Credit Union Na­tional As­so­ci­a­tion. While the costs of a fixed-rate mort­gage have risen in the past cou­ple of months, rates so far have merely re­turned to the levels of 2014 and 2015. “We’re not in un­charted wa­ters,” Pineda said.

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