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3 Things to Know in the Housing Market Today! Some we just don’t know yet. The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. Interest Rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money.U.S. home builder confidence retreats despite lower mortgage rates – ET RealEstate Mortgage Meltdown – Real Estate – CNNMoney – Oct 31: Nearly a fifth of U.S. borrowers owe more on their mortgages than their homes are currently worth – and that number is growing. More Mortgage rates spike to 6.46%

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