2006-12-24 05:01:05 · 4 answers · asked by niddlie diddle 6 in Business & Finance ➔ Investing
Only time will tell. Rates at the moment are about where they should be long term. But the fed goes balistic any time the economy takes a down turn. So when everyone who bought an overpriced house starts handing them back to the lenders, you can expect rates to drop.
2006-12-24 07:50:46 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The Fed will start to lower interest rates at some point next year. The economy is slowing down rapidly and the Fed will want to avoid pushing the economy into a recession, which will almost certainly occur unless the Fed starts to ease.
Hope this helps.
-- hh
2006-12-24 13:59:40 · answer #2 · answered by harvard homeboy 2 · 0⤊ 0⤋
The experts seem to think rates will remain steady with maybe a quarter point drop in early 2007. I think if the dollar stays weak, it makes it harder to cut rates.
2006-12-25 01:33:05 · answer #3 · answered by Gatsby216 7 · 0⤊ 0⤋
mostly they will hold steady. some think rates may be lowered slightly.
2006-12-24 13:07:04 · answer #4 · answered by Anonymous · 0⤊ 0⤋