As the week comes to a close, here is a quick update on what is currently going on in the market.

There are concerns with the economy about the fact that global financial markets are the likely┬ácause of┬ámajor movement in stock and bond markets. Interest rates initially responded by dropping to the year’s low! Check out Zillow’s article about the rate dip the past week, here. The impact of lower rates is already being felt in the refinance market. Many people think that there is no where to go but up from here on out. If you’re thinking about purchasing a home, now is the time to do so!

 

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