6 ms·
The 70's, into the 80's, more or less began the long-term decline of interest rates in general, but also specifically for the 30 year mortgage. With multiple fa
by JMTQp8lwXL 6y ago
The 70's, into the 80's, more or less began the long-term decline of interest rates in general, but also specifically for the 30 year mortgage. With multiple factors influencing what people are willing to pay for a home, I question how much we can separate out the dual-income household effect.
I wouldn't say it has no influence, but it's probably difficult to state with much precision how great the effect is.