The shutdown comes just as mortgage rates in the United States are falling, which would normally tempt buyers to enter the market. Photo: Bloomberg The shutdown comes just as mortgage rates in the United States are falling, which would normally tempt buyers to enter the market. Photo: Bloomberg
The shutdown comes just as mortgage rates in the United States are falling, which would normally tempt buyers to enter the market. Photo: Bloomberg
Property /  International

US housing recovery could stall if the government shutdown continues

If stand-off continues, real estate experts say it could hurt home sales as lenders won't be able to get the needed documents to process loans

Topic |  
MCT

Updated: 6:05am, 9 Oct, 2013

Why you can trust SCMP
The shutdown comes just as mortgage rates in the United States are falling, which would normally tempt buyers to enter the market. Photo: Bloomberg The shutdown comes just as mortgage rates in the United States are falling, which would normally tempt buyers to enter the market. Photo: Bloomberg
The shutdown comes just as mortgage rates in the United States are falling, which would normally tempt buyers to enter the market. Photo: Bloomberg
READ FULL ARTICLE