Interest rates…Rates were definitely the biggest winner last year. The Feds cut short term rates three times in 2019, erasing all but one of the raises they gave us in 2018…and they have indicated they have no plans to mess with rates anytime soon. Although these short term rates are not mortgage rates, they do set the table for our economy and its stability. Mortgage rates have seen continued improvement and look to keep on the same path as we head into the year ahead. Rates are currently sub 4%, and we have seen 30 year FHA rates as low as 2.99%. This is rocket fuel for buyers, and provides them an extra punch when qualifying for a home loan….a win-win for everyone.