It is my opinion that this spring, the housing market may be one of the best in years as the economy is trending better than expected, thanks to relatively low rates, a positive wealth effect thanks to the rise in Stocks and the Federal Reserve saying they are not likely to raise interest rate anytime soon. Since Fed, inflation, and higher interest rates are not an immediate threat, this continues to fuel stocks and long-term Bonds, like Mortgage Bonds, which helps keep interest rates low.
