Any theories on the interest rates climbing? Do you think it will continue?

Question

mortgage rates.

Answer 1

Yes, rates declined for 20 years.

Now rates will trend up for quite a while.

We have been spoiled with record low interest rates for years.

When you can borrow for a negative interest rate that's a great deal.

What's a negative rate?

Interest rate 6%
Inflation 10%
Interest rate -4%

Lenders are getting less return on their money than inflation is currently running.

Expect rates to eventually go to the inflation rate.

Terry Smith

Http://www.Welcome2Arizona.com

Answer 2

They really aren't going anywhere. Most everything is at a standstill. The roll down effect of the housing market is hitting everything. The interest rate is raised when things are growing too fast. If anything they are steady right now and may be on the downturn. The rates will hold steady for about 1-2 years and then you should see about a 0.5% drop in two stages.pp

Answer 3

If you want to research and come up with your own opinion, you can go to the FED's web site: http://www.federalreserve.gov/
If you do not know what the FED is then you should read the "About the Fed" link on the left. Or try this link How Does the Creation of Money Affect Interest Rates? (Flash) http://www.federalreserveeducation.org/PFED/

Also do a search for the Beige Book It is a publication that is put out by the fed that talks about the economy in your specific region. Here is the link http://www.federalreserve.gov/FOMC/BEIGEBOOK/2007/

Learning about the Fed and what they do will expand your financial knowledge tremendously.

Answer 4

Yes

Answer 5

problematic stuff. look into in bing and yahoo. just that could actually help!