Look at Japan.... Property continually declined despite record low interest rates.
Rates in the USA are also record lows.
Loan Type Today Last Week
30 yr fixed 3.69% 3.69%
15 yr fixed 3.09% 3.07%
30 yr fixed refi3.69% 3.68%
15 yr fixed refi3.07% 3.06%
30 yr jumbo 4.21% 4.24%
5/1 ARM refi 2.88% 2.85%
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