Mark Obrinsky Lose Quotations

If you can find a place to rent that's close in quality to something you'd buy, the cost of renting tends to be slightly less.

Mortgage rates have dropped, yes, but a weak economy means people lose jobs or feel insecure in their jobs. Some potential buyers may end up backing off from a purchase. When the economy picks up after a slowdown, interest rates usually rise, but that doesn't stop people from buying.