Mortgage Rates Trend and an Improving Economy – How it Impacts You
Posted by Dietchi Thomas on
Mortgage Rates Trend and an Improving Economy – How it Impacts You
It has started. You hear the buzz everywhere talking about the future of interest rates, economy, and real estate market. How many times will the Fed raise rates this year? Should I lock in a mortgage rate now? How is the job market doing? Are housing prices going up? No one has a crystal ball no matter how much one claims to know. But let’s discuss the mortgage rates trend and how it affects buyers, sellers, realtors, and more.
Actually interest rate increases are a key indicator that the U.S. economy is improving. Actually, low interest rates reflect a struggling economy. For the last 10 years, the great recession and stimulus packages from the government have given…
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