Why 5% Is Still a Ways off

Real Estate Broker/Owner with Keller Williams Realty

imagesLast week, I wrote about interest rates and where they’re headed in 2015. While the current lows have nowhere to go but up, it’s not as if they’re going to jump suddenly. The guess here was around 5 percent but probably not until year’s end. This post, via MSN, does a good job explaining why 5-percent interest rates are still a ways off.