Mortgage rates have been dropping but that's not enticing more home buyers. Why?
Home price appreciation is slowing. Consumer sentiment about the housing market is at a five-year high.
Don’t miss: With mortgage rates at 2-year lows, here’s how to decide whether to refinance your home loan ‘A lot of the financial incentives that a move-up buyer would have had a couple years ago no longer exist.’ —Rick Sharga, mortgage industry veteran Interest rates are just one piece of the puzzle for move-up buyers, those who already own a home and are looking to buy a larger or otherwise more expensive property.
Read more: Trump’s trade war with China is the last thing an already unsteady U.S. housing market needs right now Forecasts don’t provide much comfort Real-estate buyers remain upbeat about what the rest of 2019 holds.
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