Morning Minute: As gas prices fall, will mortgage rates follow?

Consumers could save two ways with lower prices at the gas pump: cheaper gas prices that will mean more money for discretionary household spending and lower inflation rates that could drive down mortgage interest rates and lower payments, according to economists with the National Association of REALTORS®. Read a recent NAR blog post, “Recent Oil Price Trends and What They Mean for the Housing Recovery.

In other headlines:

Mortgage applications surge incredible 49% – HousingWire

The Days When the Most Closings Occur – Daily Real Estate News

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