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INTERST RATE INCREASES AHEAD !!

By
Real Estate Agent with Remax Results 585707

Ok- This is for all those lenders out there- since this is your area of expertise, where do you feel interest rates will go?  Short term and long term?  I keep hearing that rates will go up to the 6% range by end of summer?  Rumor or true?  I am curious since the FHA rules will change, funding fees, and no more Tax Credit- will this be another disaster to set the market back once again? 

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I have been telling my clients I cannot predict this market until we get well into May because of all the lending changes coming up.

Apr 02, 2010 05:39 PM
Don Spera
CR Property Group, LLC - East York, PA
Serving York and Adams County, PA

Over my 23 years selling Real Estate, I have had many hurdles to overcome, as well as many others related to our in industry.  Some how, some way, we always get to the finish line.  We don't want to speculate on what is going to happen, we just deal with it when it gets hear.  Best wishes.

Apr 02, 2010 06:26 PM