Savers and those who rely on bond market returns for income despise the ultra-low interest rates the Federal Reserve has kept in place since 2008. If you're a home builder, you probably love them. Despite a 3% drop in November, single-family home s tarts are expected to be up 25% this year from 2011, reflecting the benefits of low interest rates for the housing market.
Low interest rates will continue to fuel housing recovery
Source: USA Today