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interest rates: Real Estate Market Changing
- 07/11/13 10:23 AM
Are Mortgage Rates Going Up? Magic 8 Ball Says “Most Likely”
There are two quotes that came out in the last 30 days that make it seem very likely rates will increase. First was from Doug Duncan, the Chief Economist at Fannie Mae. “I don’t think the Fed ultimately would be troubled with a 6.5 percent mortgage rate.” That’s interesting he would say that. He doesn’t think the Fed would be troubled if interest rates went up to 6.5%. Shortly after Frank Nothaft , Freddie Mac’s Vice President and Chief Economist, said this. “As the economy continues to improve we expect … (3 comments)
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Are Mortgage Rates Going Up? Magic 8 Ball Says “Most Likely”
;)
;)
