Boston condo brokers Q&A on the debt ceiling and the Boston condo market
How does the debt ceiling affect Boston condo mortgage rates?How would a debt-ceiling breach impact mortgage rates?The ongoing debt ceiling talks, if not resolved will make it more expensive to buy a Boston condo for sale because a default would force the Treasury Department to pay higher interest on its bonds to convince investors to stick around- and mortgage rates and other borrowing costs tend to follow Treasury rates.
How does the debt ceiling affect Boston condo mortgage rates?How would a debt-ceiling breach impact mortgage rates?The ongoing debt ceiling talks, if not resolved will make it more expensive to buy a Boston condo for sale because a default would force the Treasury Department to pay higher interest on its bonds to convince investors to stick around- and mortgage rates and other borrowing costs tend to follow Treasury rates.
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