Drop In Home Sales, Why Lower Mortgage Rates Aren’t Working This Time.

Real Estate Broker/Owner with Lucrative Realty & Associates

In the past if the Fed wanted to spur economic activity they lowered the Fed lending rate. Now that mortgage interest rates are at a historic low (4.5% for a 30 year fixed rate!) the big question is...

Why aren't more homes being sold?

Great video from CNBC that explains why low rates are not resulting in increasing home sales.

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Associate Broker/Branch Owner



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