2007-03-21 11:28:54 · 4 answers · asked by sweety 1 in Business & Finance ➔ Credit
No.
It is a matter of supply and demand.
2007-03-21 11:39:56 · answer #1 · answered by minootoo 7 · 0⤊ 0⤋
Housing loan interest rates are expected to be staying at present levels - after recent increase, for some time - say a year or so before making any move either side.
2007-03-22 00:04:02 · answer #2 · answered by helpaneed 7 · 0⤊ 0⤋
I expect the rates to rise further in the near future by about another 1-1.5% in an year or so.
A downward trend may be expected only by the end of the third/ fourth year from now
2007-03-22 10:02:53 · answer #3 · answered by S Kartik 2 · 0⤊ 0⤋
I don't see it happening any time in the near future. The housing market is soft right now and the sub-prime lenders are getting pounded with foreclosures.
2007-03-21 19:36:39 · answer #4 · answered by ? 7 · 0⤊ 16⤋