The surprise announcement of lower mortgage rates has caused a buzz in the market news and created positive sentiment among potential home buyers. This could potentially lead to an increase in housing demand which would be good for economic growth overall.
Lower mortgage rates make housing more affordable, leading to increased demand and higher home prices in the market. In turn, this encourages construction of new homes which further boosts local economies through job creation.
Surprise is a city in Maricopa County, in the U.S. state of Arizona. The population was 143,148 at the 2020 census, up from 117,517 in 2010 and just 30,848 in 2000.
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Local time: Saturday 1:18 AM
Population: 149,191 (2021)
Address: 16433 W Bell Rd, Surprise, AZ 85374
Address: 14043 W Bell Rd, Surprise, AZ 85374
Address: 14175 W Grand Ave, Surprise, AZ 85374