Mortgage Rates Rising Behind Bernanke's Faith In Housing Bloomberg News, Bloomberg June 20, 2013 | 1 Comments share share on linkedin Facebook share on twitter share on google+ Share With Email Send Thank you for sharing! Your article was successfully shared with the contacts you provided. print reprints Federal Reserve Chairman Ben S. Bernanke said the central bank is ready to slow its purchases of Treasuries and bonds backed by housing loans. ADD COMMENT What's being said Sign In Terms & Conditions Brian Korte, Korte & Wortman, P.A. Jun 21, 2013 Mortgage rates had nowhere to go but up. But given a housing market that's anything but normal, higher rates don't bode well for regular buyers and sellers. As rates rise, fewer regular buyers will qualify for loans. Institutional buyers already have cooled their aggressive purchases because of the rising prices, especially in South Florida. Homeowners may be optimistic that the market will push them above water, but given the Fed's latest news and the depth of some owners' debts, that's not a realistic option for many. Comments are not moderated. To report offensive comments, click here. Preparing comment abuse report for Article# 1202607362021 Send Thank you! This article's comments will be reviewed.