I thought we might just pay attention to mortgage interest rates if the Government's giant stimulous package passes. I have not heard anyting about it but I do know the more Uncle Sam competes in the market for $$$, the higher interest rates will go. I think real estate sales will suffer if we see mortgage interest rates go over 7.5% per annum. Now 7.5% rates uses to be considered creme de la creme in the 1990's but sound high in today's market.
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