What do Stocks and Bonds have to do with Buying a House?

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OCT

By Rachel Rosson

Remember: Weak or negative economic news normally causes money to flow out of Stocks and into Bonds, helping Bonds and home loan rates improve, while strong or positive economic news normally has the opposite result. Bond prices moved lower last week, meaning home loan rates moved higher. Home loan rates are headed higher and are unlikely to return to similar levels anytime soon. If you're thinking of buying a home, now is the time!

Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®