purchasing a home: Interest Rates are Going Up - 02/23/10 06:05 AM
The rise of interest rates for the historic lows we are now experiencing is inevitable.  It appears that it will be sooner than later too.  At the end of March the Fed is scheduled to quit purchasing mortgage bonds.  Right now they are purchasing about 4/5's of the bonds on the market.  the fed has been most generous in keeping these rates low.  When the market begins to depend on the private investors to purchase these bonds theywill of necessity be at a higher rate because the private investors will not be a tolerant of the risk involved like the Fed … (2 comments)

 

Paul Bowen

Rexburg, ID

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Country Wide Properties, Inc.

Address: 1216 Stocks Av. Suite #1, Rexburg, ID , 83440

Office: (208) 356-7300

Mobile: (208) 351-3312



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