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 Print

  1. One Response to “Interest Rates Are Likely To Rise”

  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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