Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

What do Interest Rates and the Economy Have in Common?
What do Interest Rates and the Economy Have in Common?
No, it isn't that they both suck.
In fact, although I have tried to ban the term "economy" from my vocabulary, for fear of sounding like a "Debbie Downer" or a "Negative Nancy" instead of a "Jolly Jessica", I just can't.
It won't go away!
Mostly because, I suppose, it is an influential part of my business.
Why is the economy so pertinent to realm of real estate?
In general, mortgage rates do better when the economy is worse. Investors tend to get a little spooked, and take their money out of stocks and into more conservative investments, such as bonds or mortgage-backed securities when the economy is suffering. Today, given the state of our economy, the government also decided that lowering interest rates may be the best way to stimulate a down economy. Although that hasn't really panned out as hoped, our mortgage rates are still at historical lows.
If rates are at a historical low, why is now the "time to buy"?
Today's economy finds lots of buyers on the fence, and don't get me wrong - some buyers need to stay there and plop down for awhile. Now truly ... more

__________________________________________________
Are you on The Rain? Grow Your Network!