On a domestic level, low mortgage rates had a real impact on the housing market. And, November data affirms the rates helped revive a general slow down. In fact, data for new home sales showed an uptick to the tune of 733,000, just in October. Now, that’s only one indicator. Other months in summer and fall 2019 also showed upticks …
The healthy state of the domestic real estate industry, over a decade now has some people worried. Although, why? It’s healthy, as current real estate trends show. And, market dynamics remain solid. So, why the worry? Well, it’s just this state of affairs reminds some of the last real estate bubble and crash that followed. That said, it might help …
It’s been a recent period of stock market ups and downs, yielding in some uncertainty. Also, with the partial government shutdown, some pivotal data on specific areas of the real estate market remain to be seen. At the same time, long term treasury yields dropped, somewhat significantly. In fact, they influence 30 year fixed rate mortgages. As a result, fixed …
