by Phil Hoover, Real Estate Broker

Interest Rates Are Likely To Rise

We can expect higher interest rates when the Feds stop buying mortgage-backed securities (MBS in real estate lingo) on March 31st.

The Feds have purchased $1.25 Trillion (yes, with a “T” !!) worth of MBS paper in a successful attempt to keep mortgage interest rates low.

Some experts predict that we will see rates rise to 6% by the end of 2010.

February 9th, 2010 Posted in Inside Real Estate Print This Post Print This Post

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  2. By International Property Buyers Report on Feb 16, 2010

    I love your posts regarding real estate, and this one is so true. Thanks for the post.

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