3 Things to Know in the Housing Market Today! Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. Interest Rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money.
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Lower Interest Rates Mean it’s a Great Time to Build But what happens when interest rates stay near record lows even in good times. it would mean keeping rates lower for longer, allowing the economy to overheat until inflation was tracking. Any interest added during this time will be charged at the lower rate..
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Maybe rushing back to surplus isn’t the best way to avoid an economic downturn – but do we have any politicians daring enough to suggest such a thing? Greg Jericho writes. The election campaign mostly.
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