USA

Option for homeowners

As emphasized by Sam Khater, chief economist at Freddie Mac, lower interest rates benefit borrowers, who want to spend the refinance mortgage.

This is due to situation is not so much the real estate market as easing trade tensions with Mexico, which led to stabilization in the financial sector. Besides, the rates depend on the percentage of the Treasury bonds with 10 year maturity, which declined because of fears that the disputes with partners will cripple the American economy.

A role to play and the Federal reserve, which, as suggested by many experts, is ready to reduce the base interest rate, as inflation remains low, and the overall rate of development are high, but not enough to cause overheating.

So far, however, the fed Chairman Jerome Powell assured only that the actions of the regulator will correspond to the current situation, which can be complicated not only because of the trade wars, but for other reasons.

Source:news.rusrek.com
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