Thursday, May 22, 2014
Interest Rates are going up?
The Interest Rates are Going Up!! Or, Are they... Its all greek to me.. First Time home buyers, or Investors, heres a little tid bit. "With all that has been mentioned, Loan Love urges loan borrowers not to worry too much on bonds weakening in 2014. The article elaborates this further by saying: "Virtually any 2014 financial outlook you cared to browse predicted higher interest rates ahead. But so far, increases have been less than newsworthy. Nonetheless, most investors are still anticipating that average rates will rise over the next five to 10 years. The housing meltdown and economic downturn brought about historically low interest rates as part of the government's attempts to heal the economy. The economic recovery has been steady, but slow, so that low interest rates remain even as the housing market has begun to gain strength."For more information on rising interest rates and bond prices, please visit LoanLove.com to read the complete article.
http://lafayette.backpage.com/homes-for-sale/92000-3br-perfect-for-first-time-buyer/10505618
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