How Much Will Mortgage Rates Rise If Fed Ends Support? - CNBC
This is a very interesting article considering how it relates the to the real estate markets. It seems that the FED wil leave rates the same today, but when they stop buying mortgages we could see an increase in rates for two reason. One, there will be less demand and two they could begin re-selling the mortgages they own, thereby flooding the market and diluting any demand. The article implys that an inflationary period is coming and Root Realty is a believer that real estate is a good investment option during inflationary periods.
Tuesday, March 16, 2010
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