Jobs Stall, Bonds Surge, and a QE4-Style Move? Why Mortgage Rates Just Hit a One-Year Low Two major market movers hit on the same day, and together they explain why mortgage rates just dropped to the lowest levels we have seen in over a year.
Every market cycle brings the same question, just phrased a little differently. Is the housing market about to crash, correct, or take off when mortgage rates come down? The honest answer is that the housing market rarely does only one thing nationwide. Real estate is local, and outcomes depend on supply, demand, affordability, and homeowner behavior. That said, there are clear signals that help us understand which outcomes are more likely and which ones make for better headlines than reality. Let’s start with the idea of a housing crash.
New Blog Post Description
Most adults don’t actually say, “My New Year goal is to buy a home.” What they usually say instead is something like: I want better finances, I want less stress, I want more stability, I want more space, I want a better lifestyle.
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