2006-06-19 09:45:52 · 10 answers · asked by stevenpdk2000 1 in Business & Finance ➔ Renting & Real Estate
I think they will go up a little, but not that much. There is to many fixed rate low interest mortgages out there to go up that much like it did in the late 70's and early 80's. The lending institution has too many lock in at such a low rate that they can't pay higher rates on savings and checking.
2006-06-19 09:49:48 · answer #1 · answered by buckeye45694 4 · 0⤊ 0⤋
up...up they go. The Federal Reserve is definitely going to continue raising rates because consumer spending is continuing to slow. Although, gas prices are up, take that out of the equation and we have another demon to fight and that is inflation.
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2006-06-19 15:14:55 · answer #2 · answered by Kaz 3 · 0⤊ 0⤋
I asked an identical question to my loan organization. i'm on a arm and that i assumed my expenditures could circulate down yet they went up. properly, they advised me that the expenditures the feds cut back is the value they the Feds lend money to the banks at. Its no longer what the banks lend loan loans at. the way I comprehend it is, the banks borrow the money style Uncle Sam for next to no longer something and then make a earnings by utilising lending it to the property vendors by utilising charging better expenditures. i do no longer think of we are able to ever see loan expenditures circulate plenty below they at the instant are, the banks might on no account make any money.
2016-12-08 22:52:33 · answer #3 · answered by allateef 4 · 0⤊ 0⤋
Rates NEVER go down. If they do it is only a little bit. You can figure about 99% of the time they will go up. Even if you have good credit, rates will still increase.
2006-06-19 09:49:22 · answer #4 · answered by YOU WILL BOW TO ME!!!!!!!!!!!!!! 4 · 0⤊ 0⤋
Im in the business they will climb for a couple of month they won't come down till next year
2006-06-19 09:49:36 · answer #5 · answered by nascar_fan_that_travels 1 · 0⤊ 0⤋
Up to 16% over the next several years, it's all in the cycle that politicians just pretend to control.
2006-06-19 09:49:09 · answer #6 · answered by Anonymous · 0⤊ 0⤋
come to Chase Bank, our rates are going down. We're calling everyone with fixed rates so that we can lower them.
2006-06-19 09:49:18 · answer #7 · answered by N_Quizitive_1 4 · 0⤊ 0⤋
Up way up CHASE RATE ARE GOING UP THEIR HE LOANS ARE NOW AT 10%
2006-06-19 15:31:41 · answer #8 · answered by jon g 3 · 0⤊ 0⤋
they may level off - stay the same, but they will never come down... my advice - buy now or you never will!
2006-06-19 09:49:58 · answer #9 · answered by Lily Allen 3 · 0⤊ 0⤋
Don't wait.
2006-06-19 09:48:53 · answer #10 · answered by my_alias_id 6 · 0⤊ 0⤋