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Low Mortgage Rates and Low Home Prices = Low Confidence?

30 year fixed mortgage rates are hovering around 3.90% and home prices are back down around 2001 levels. So how low is consumer confidence? Some surveys compare consumer confidence to levels not seen since the 1980’s. Ouch! What is the first step in rebuilding consumer confidence in the housing market? Getting our Government out of […]

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Will one product rebuild consumer confidence in the Housing Market?

Will one product rebuild consumer confidence in the Housing Market? Interest Rates are at an all time low and home prices have fallen to levels not seen since 2001. All economic signs indicate NOW is a great time purchase a home. Brokers across the country are scratching their heads, tossing in their bed at night, […]

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