2007-01-04 07:11:41 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
A recent article stated that inflation has been slowed down too much. Retail sales were not good in December and housing has slowed. The prime interest rates are not going up and maybe down. Mortgage demand is down so rates have come down a little already.
2007-01-04 11:54:18 · answer #1 · answered by sm4125 3 · 0⤊ 0⤋
The latest predictions I read are that the will stay pretty low until mid year and then begin to rise.
How much is hard to say, but so far past Federal Reserve Rate hikes of 6.5% are not fully reflected in current rates.
2007-01-04 15:20:13 · answer #2 · answered by jbowler 3 · 0⤊ 0⤋
it should go down and/or at the most stay constant.
down by 0.5-0.75%
2007-01-04 23:57:52 · answer #3 · answered by magician 2 · 0⤊ 0⤋
1) Up.
2) I don't know.
2007-01-04 18:37:08 · answer #4 · answered by Anonymous · 0⤊ 1⤋