The Fate of the Housing Market Post-Pandemic: Is This Another 2008?

By Rebecca Barshop Last week, my husband and I became homeowners… again.
Well, technically we refinanced.
About six weeks ago, we started watching interest rates fluctuate. We thought, “Hey, it’s now or never. Let’s see how low we can go.”
And plenty of Americans were thinking the exact same thing.
In light of the COVID-19 pandemic, what does this refinancing wave mean for the U.S. housing market? Are we about to witness a 2008 repeat?
Renewed Interest in Interest Rates
Let’s get one thing straight…
The U.S. economy isn’t exactly thriving right now. And the housing market isn’t either.
Many sellers have taken their homes off the market. Buyers are waiting …read more

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