Stock market plunge will affect housing market, experts say

October 16, 2014

Some experts believe that the current stock market plunge may already be hurting consumer confidence in the housing market, Inman News reports.

 

Mortgage rates plummeted when the big sell-off in stocks began last week. The question experts ask is whether declines in equity prices will mean buyers will have a harder time coming up with a down payment, thus undermining homebuyer confidence.

 

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