Mortgage Activity Will Be Crushed By Rising Rates - Freddie Mac

http://www.mortgagenewsdaily.com/11302016_freddie_mac_outlook.asp

`Not only has the likelihood of a December rate hike increased, but expectations for future rate increases have shifted as well... This leads Freddie Mac to conclude that interest rates will continue with modest increases and that rates through the end of next year will be significantly higher than they thought as recently as last month.''