how does the long term fixed interest rate mortgage affect the housing market? in the US & UK?

Question

Please state where you have gotten this information from!!!

Answer 1

There are no fixed rate mortgages in the UK so it would have little affect there.

Obviously, lower interest rates will bolster the US economy by fostering a healthy housing market at reasonable costs. The international knock-on effects of a healthy US economy are also well documented. When the US economy sneezes, Europe and Asia catch the cold.