Rising rates could have an effect on Denver Homes For Sale. The star have never lined so perfectly to purchase Denver Area Homes. Low rates, stimulus tax breaks and low prices., I have never seen a big opportunity then now.
Rates rose slightly last week as mortgage bond prices fell. There were swings in the market within a small range. Our economy could be getting a bit healthier, based on the retail sales report, which was better than expected.
A few tidbits:
• The most important news this week will be Tuesday afternoon’s Fed meeting, although data from the Producer Price Index (Wednesday) and the Consumer Price Index (Thursday) will also factor in the market’s behavior.
• Housing Starts data will be released on Tuesday. If the decrease is bigger than expected, interest rates could be lower.
As always, if you have any questions about the market in general or rates or programs in particular, please feel free to contact me at any time.
Posted by: Editor
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