lower interest rates likely to impact new housing builds

30 yr mortgages rates are nearing record lows. i see a likely correlation resulting in homebuilders and suppliers being at an advantage. this boost in credit and consumer confidence will likely result in more new home builds. if you look how FHA loans are structured consumers get more bang for the buck if they build a new home rather buy an older home. currently within housing inventories are low so i think it may be time to look at home builders/suppliers


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