Future of Interest Rates!

By
Real Estate Agent with HUFF Realty

I am curious what people think the future of Interest Rates are for Mortgage loans! Please take this poll and after it is over I will share the results!

When do you think Interest Rates will go above 6%, please take this POLL! Thank You! Click Here! http://linkd.in/hXyDRk

Thank You and have a great day!

Mike Parker - CRS

HUFF Realty

Direct 859-486-3300

www.NKYHomes.com

Mike@MikeParker.com

 

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Rainer
26,604
Gabriel Leonard
Pittsburgh, PA

Higher

Apr 04, 2011 01:13 AM #1
Rainmaker
564,285
Steve, Joel & Steve A. Chain
Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA

Mike,

Low interest rates are "running on borrowed time" punn intended. Rates will go up when the FED stops purchasing securities  and the economy builds momentum.

JMHO,

Steve

Apr 04, 2011 02:01 AM #2
Rainmaker
48,709
Donald Stirnweis
RE/Max Beyond - Kings Park, NY
Realtor Kings Park NY, Homes for Sale, Certified Appraiser

I think we will stay below 6 percent on the 30 year fixed rate mortgage untill the middle of 2012.  I just saw a spike on my equity line of credit this month, I hope that is not a sign of more increases to come!

Apr 05, 2011 06:23 PM #3
Rainmaker
1,730,985
Sam Miller
RE/MAX Stars Realty - Howard, OH
Knox County Ohio Real Estate Specialist

The interest rates have been very low for a long time.  6% could be here in 2012 but I am hopeful the rates won't adjust up until the market has become more balanced.

May 30, 2011 02:20 AM #7
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Rainer
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Mike Parker

"He Sells Homes Like Yours"
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