Housing Hopes To Become Tailwind Of The Economy

Reversing its previous position as an anchor to the economy, housing appears to be adding its own steam. After being laid flat after the financial crisis, housing statistics,in data point after data point, are forming the brickwork for the broad based recovery we all anxiously anticipate.

Housing has provided a bright spot for Wall Street according to some strategists since a healthy housing market boosts consumer confidence which is turn correlates with rising stock prices.

The three key ingredients helping housing are low interest rates,dwindling housing inventories and an improving job market and economy.

Contact Millennium Mortgage to inquire about our low interest rates today.