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January 17th, 2014

Will the city with the highest mortgage rates win the Super Bowl?



Seattle_450x225At the beginning of the month, HSH.com put together a slideshow of all the teams in this year’s NFL playoffs along with some interesting facts about their corresponding housing markets.

After the first round of the playoffs concluded, we noticed that the city of every team which came out victorious had a higher mortgage rate than their opponent. For fun we thought, “how about we pick the winners of all the playoff games, including the Super Bowl, based on which city had the highest mortgage rate.”

While our system threw standard football logic out the window, the city with the highest mortgage rate—Seattle—is home to the Seahawks, a Super Bowl contender since the start of the year. Since our Super Bowl pick made sense, we decided to let it ride.

Below our slideshow– “NFL playoff teams: Success at home and on the field”—is a chart we developed to display the predictions we made following the first round of the playoffs.

So far, we’re still alive: Seattle is facing San Francisco—another correct selection of ours—on Sunday to decide who represents the NFC in the 2014 Super Bowl in New Jersey.

Unfortunately, we can’t brag about the success of our picks in the AFC. While football logic clearly proved that New England and Denver were the two best teams in the AFC, they had lower mortgage rates than their opponents.

Be sure to check out our NFL playoff slideshow and the chart (below the slideshow) of winners and losers based solely on mortgage rates.

Go Seahawks!

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About the HSH Blog

HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.

Our bloggers:

Tim Manni

Tim Manni is the Managing Editor of HSH.com and the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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