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Why Low Mortgage Rates Could Help Power the Next Bitcoin Bull Run | CCT - Crypto Currency Tracker
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CCN
2019-02-09 22:30:16

Why Low Mortgage Rates Could Help Power the Next Bitcoin Bull Run

The Wall Street Journal reports that banks will recast mortgage loans. Thanks to Federal Reserve policy changes, it’s currently cheaper for banks to get loans than it has been for a while. The other effect of a reduced LIBOR rate seems to be lower mortgage rates. Rates have been declining for decades. Depending on when you opened a new mortgage in 2018, it would have been among the lowest rates historically available. More Disposable Income = Growing Economy/Retail Investment While there isn’t a direct correlation between mortgage rates and the overall stock market, the fixed cost of mortgages is money The post Why Low Mortgage Rates Could Help Power the Next Bitcoin Bull Run appeared first on CCN