Is the resource market going to keep going up and will interests rates have to cool things down by going up or are we peaking yet?
2006-07-11 11:21:04 · 4 answers · asked by Anonymous in Social Science ➔ Economics
If you look at the long term lending rates for mortgages, you can tell what the banks think will happen. For example, if they have slightly lower rates for a 2 year mortgage, they think that rates will be much higher in two years. Three years ago, the 3 year rates were the best deal.
Now, the yield curve is fairly flat. That means interest rates will probably increase slightly. Count on 1%-1.5% increase over the next 2 years.
2006-07-18 16:17:06 · answer #1 · answered by dutch_llb 3 · 1⤊ 0⤋
Double
2006-07-11 11:24:24 · answer #2 · answered by boy_jam_arch 6 · 0⤊ 0⤋
Hold on let me just finish polishing my crystal ball.
2006-07-11 13:29:41 · answer #3 · answered by Anonymous · 0⤊ 0⤋
idk
2006-07-11 15:49:19 · answer #4 · answered by _ 6 · 0⤊ 0⤋