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Answers (6)
Best Answer
- John Paunan, "John Paunan"
- Contributions:1145
We were always back on our way to 6's (or 7's, 8's or 9's), but what is really the question is when. What is surprising everyone is that we're seeing a violent increase in rates with a $1.25 trillion sugar daddy (FED) supposedly backing this whole thing up, at least, temporarily.
- chriswebb
- Contributions:10
Rates HAVE TO GO UP ! If the govt want to ever pay back their rediculous debt they will have to raise rates in order to ever pay this back . Wait until the end oif this year or 1st quater of next year. Once Inflation kicks in and China tels the U.S to pund sand, rates will SKYROCKET
- bvkiran
- Contributions:7
It is pure market manipulation. Jobs are being lost but rates are going high. Bank and investors were itching for a excuse to pump up rates. Thanks to Obama giving our money to the banks and they lending it back to us at higher rates. Way to go Rock star.
- Bud Smoker, "Bud Smoker"
- Contributions:52
Sorry for not being more specific, I meant to ask mid to high 6's by the end of this week.
John, certainly we are eventually heading back to double digit rates as the government continues to play a shell game in this attempted ecnonomic recovery.
John, certainly we are eventually heading back to double digit rates as the government continues to play a shell game in this attempted ecnonomic recovery.
So John, it is your understanding that the FED wants the interest rates to go up?
- Andrew Adams, "203K Specialist"
- Contributions:9349
A trillion dollars doesn't go as far as it used too!
Are we back in our way to mid to high 6's for 30 yr fixed?
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