Forbes 2018 Best Places to Retire This year's roundup spotlights 25 cities in 18 different states across the country. They were selected based on an assortment of retirement-friendly features—from walkability to affordability—as well as data from the Milken Institute, National Association of Realtors, Bureau of Labor Statistics and more.
*Did you know? If considering an out of area move, we can assist in finding an agent anywhere in the country! Ask us how.
Mortgage rates rise for the first time in 2019, but are expected to fall from there
Rates for home loans ticked up slightly, but look set to fall in the coming weeks as investors gird for a slower-growth economy.
Demand for assets like Treasurys, which are considered safe havens, has strengthened in recent weeks as investors have concerns about slowing global economic growth. Bond yields decline as prices rise.
In the wake of the Federal Reserve’s decision Wednesday to stand pat on interest rate increases, investor interest in bonds has surged, sending yields down again, including the longer end of the Treasury yield curve that more directly impacts mortgage rates. The sentiment change is because bonds may look like a better long-term investment than stocks as the economy weakens, and if inflation and interest rates remain steady, fixed-income assets won’t erode in value.
That’s certainly a boon for house-hunters. Yet the same housing headwinds that battered the market in 2018 remain: limited supply of properties at the prices demanded by most Americans.