So, why and how are mortgage rates so low right now? Which leads me back to the first question of how is the rate set? All interest rates, whether earned on money deposited in a savings account or conversely paid on money borrowed to buy a house, are set off the Reserve Bank of ...
From a micro perspective, home ownership clearly boosts household savings and leads to greater social participation. On the macro level, in turn, it affects consumption, investment and public finances [62]. 3. Materials and Methods 3.1. Data Collecting: Questionnaire and Variables The survey and...