49 Housing Shock: New-Home Sales Unexpectedly Soar 20%(What happens if the FED lowers the% 2 more times?) (www.breitbart.com) posted 252 days ago by aslan_is_0n_the_m0ve 252 days ago by aslan_is_0n_the_m0ve +49 / -0 Housing Shock: New-Home Sales Unexpectedly Soar 20% New-home sales surged in August to their strongest pace in more than three years. | Economy 5 comments share 5 comments share save hide report block hide replies
If it surged in August then it’s not relative to the interest rate having been lowered in September. I do wonder why it went up though.
If that's the case, then those loans will be at a higher % with higher monthly payments.
Yes, leading me to believe it is probably investment groups making the purchases.
Interest rate likely doesn't matter to them, probably pay cash for houses.