Fears of a global economic slowdown due to China’s Coronavirus has driven investors to the safe-haven of the U.S. bond market, thus driving interest rates lower. With mortgage interest rates declining, the number of U.S. home buyers applying for mortgages is at a 7-year high.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.
