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home loans: Why are interest rates seemingly rising lately? It's simple... - 01/22/09 01:34 PM
You may be wondering why rates are rising again. Simply, borrower demand is driving up pricing, because banks raise their rates as the available capacity starts to feel pressure and leads to them wanting to realize greater profits (not such a big surprise here).  Hopefully this will ease demand, so if rates continue to see demand from borrowers, they (banks, in reaction to investors) start to drive the pricing of interest rates up to ease the capacity. You'll see this occur, because it's basically the rule of supply and demand, amongst other factors as you will read below in this re-post of … (4 comments)

home loans: Dec 9, 2008 Real Estate Report Newsletter for Portland Oregon & Vancouver Washington Economic commentary, Mortgage Rates and News - 12/09/08 09:02 AM
December 9, 2008
Extraordinary Numbers
The numbers coming out of the markets are absolutely extraordinary. How about gas at $1.70 per gallon just a few months after it was over $4.00 per gallon? How about the loss of over a half a million jobs in one month? In addition, the government looks to be spending about $1 trillion dollars to save the economy from recession. That may include a target rate 4.5% for some purchase loans. The numbers are virtually mind-numbing. These numbers also let us know that it does not make sense to predict what will happen in the future. … (0 comments)

 

Ed Bisquera

Vancouver, WA

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Ed Bisquera | 360-597-8283 | Bond Social Media

Address: 1001 Main St Suite A, Vancouver, WA, 98660

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