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Suncoast real estate market upswing amid low rates
Real estate leaders say lower prime rates spark buyer interest while psychological effects of high rates suppress shopping. The prime rate fell to 15 percent, the lowest since 1980, with mortgages around 13 percent possible. Economists warn deficits keep rates high and urge informed shopping before next week’s look at creative financing.
MENTIONED IN THIS ARTICLE
Jim Gouvellis
Stott
Pat O’niel
O’niel
Englewood
Barney Moore
Bradway-Moore Realty
South County