WJON — St. Cloud State Economist and Dean, School of Public Affairs King Banaian joined me on WJON today. He indicates that he expects our current low interest rates to continue for the next 2 years. He says many people have refinanced their homes and can continue to do so. King says the local housing market continues to do well with homes for sale not staying on the market for very long. He says more and more people are choosing to do home improvements as opposed to travel, concerts or sporting events due to Covid-19.
Read More: Banaian; Low Interest Rates to Continue [PODCAST]
