ri homes: Real Estate and Interest Rates "Steady As She Goes"
- 03/09/19 04:47 AM
Mortgage interest rates dipped to the mid-4% range in the fourth quarter of 2018 largely fueled by concerns over a European economy that can't seem to get out of first gear over the past 10 years, and ongoing China trade negotiations. More recent housing and employment data has put economists a bit onto the edge of their seat with concern we may see the US economy slowing this year. As they say, one month doesn't make for a trend, so only time will tell if housing and employment growth is in for a soft landing or a self-fulfilling recession. I'm still firmly in the … (0 comments)
Mortgage interest rates dipped to the mid-4% range in the fourth quarter of 2018 largely fueled by concerns over a European economy that can't seem to get out of first gear over the past 10 years, and ongoing China trade negotiations. More recent housing and employment data has put economists a bit onto the edge of their seat with concern we may see the US economy slowing this year. As they say, one month doesn't make for a trend, so only time will tell if housing and employment growth is in for a soft landing or a self-fulfilling recession. I'm still firmly in the … (0 comments)
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