Are property loan intrest rates expected to go up or down in the next 3 years?

Question

Are the rates expected to go up or down in the next three years?

Answer 1

It really is just a guess. The new congress can make some bad choices and screw everything up. But, interest rates are not going up quickly. If you plan on being in the house less than five years, it is not all that important.

Answer 2

I think the economy is in a slight contraction but sufficient enough to force the Fed to drop rates one or two more times after having left it stable for some time now. I think we will see a pariod of decline in about 1 year that lasts for a year. Then it is just anybody's guess.