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Interest Rate "Indifference" ... it Can Cost You
 
Interest Rate "Indifference" ... it Can Cost You
 
     Interest Rates are talked about endlessly ...  
 
 
Will interest rates rise ... or won't they?   How big will the rate hike be? How soon will the Federal Reserve Board raise its benchmark interest rate? What indicators could influence a decision? How will an increase effect the markets? How will an increase effect housing and financing? More ...      
     Speculation regarding interest rates and their rise has been going on for almost a full year now.  In fact, it's been non-stop since the Federal Reserve Board last took action and raised rates in December of 2015.  That move proved momentous, as prior to that action it was June of 2006 when a movement in rates was last seen.
     But because Mortgage interest rates have held steady for so long ... , home buyers and borrowers have been lulled into somewhat of a coma.  They've come to think any talk of changing rates is hype or media "buzz".  
     And after such a lengthy time of stable low rates and many false alarms regarding an interest rate hike, it's easy to see why home buyers might feel that way.  And why they might have grown a bit deaf on the topic. ... more

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