Maribel Aber has tips for taking advantage of super low mortgage rates.
Despite a recent drop in retail sales, softer business spending and a slowdown in job growth, the housing market keeps humming along. That's good news for a US economy that may need housing to keep the current recovery alive.
Americans have been reluctant to buy homes lately, thanks to uncertainty about the U.S. economy. Now their fears are showing up in the data.
Mortgage rates are lower than they've been in years, causing a tsunami of refinancing.
Interest rates are dropping and American mortgages are cheaper than they've been in years. The US economy is strong. That's a recipe for a booming housing market — but it isn't booming at all.
The housing market is flashing signs of a bounce back in 2019.
If you're looking to buy a home, be prepared to pay a heftier mortgage than friends who purchased houses in the past few years.
Some cracks may finally be starting to show in the foundations of what has been a very strong housing market.