Vail Daily column: World events are helping homebuyers

Vail Daily column: World events are helping homebuyers
Local News

By Edward Stoner

Once upon a time, many years ago, mortgage rates were reflective of what was going on in the U.S. economy. News of economic events in other countries was slow in coming to impact the well-being of things here at home. At some point the whole world seemed to become one big global economy, and things changed and global economics became the new standard. These days, a spat between Russia and one of its neighbors can send shock waves over the possible price of oil and gas to Europe six months from now; and the actions of a few thousand religious …

Source: Vail Daily Feed