Category: Record-Low

Record-Low Mortgage Rates Won’t Save the Housing Market
, ,

Record-Low Mortgage Rates Won’t Save the Housing Market

The U.S. housing market is bouncing back quickly, fueled by record-low mortgage rates. The housing shortage is worsening, further increasing home prices. Low-income Americans can’t afford a house despite low mortgage rates. The pandemic has hit the U.S. housing market hard. Millions of Americans have lost their jobs and did little shopping because of the…

Read More
AAA: Record-Low Number of Americans Traveling Memorial Day Weekend
,

AAA: Record-Low Number of Americans Traveling Memorial Day Weekend

AAA Mid-Atlantic is not issuing a Memorial Day travel forecast for the first time in two decades but speculated on its website that due to the coronavirus this year’s holiday weekend could mark a record low number of Americans traveling. This comes after last year’s record-high number of more than one million Americans taking a…

Read More