Why Have Interest Rates Dropped?

The headlines agree mortgage interest rates have dropped substantially below initial projections. Many who are considering purchasing a home, or moving up to their dream home, might think that they should wait to buy, because rates may continue to fall.

A recent article on the Economists™ Outlook blog by the National Association of REALTORS® (NAR) provides insight into one major factor in the decline in interest rates, the crude oil price.

Read More –  http://www.keepingcurrentmatters.com/2015/01/27/why-have-interest-rates-dropped/

 

Leave a Reply

Your email address will not be published. Required fields are marked *