Interest Rates: Is the Sky Falling on the Housing Market?
June 10, 2013 by
The pundits are making dramatic, even doom-laden pronouncements about what is
going to happen with interest rates (and the housing market), though they’ve
been wrong so many times over the past few years, these “expert” predictions
might be taken with salt-shaker’s worth of salt, perhaps with lemon and a nice
shot of tequila.
Obviously, interest rates are an important component of the real estate market. This chart gives a little context to what has occurred recently: the blue column is the average 30-year interest rate for the first 5 months of 2013, when everyone was dancing with glee at how low the rates were; the black line at the end represents the interest rate on Friday, June 6th, though it is true that it briefly hit 2 tenths of a percentage point higher earlier in the week.
Obviously, interest rates are an important component of the real estate market. This chart gives a little context to what has occurred recently: the blue column is the average 30-year interest rate for the first 5 months of 2013, when everyone was dancing with glee at how low the rates were; the black line at the end represents the interest rate on Friday, June 6th, though it is true that it briefly hit 2 tenths of a percentage point higher earlier in the week.
To sum up, car loans for people on low incomes are easy and affordable loan schemes which give you comforts along with cash. Getting such timely monetary aids is the best way to meet all your sudden expenses without any hassle, Please visit
ReplyDeletedebt consolidation loans for payday loans
same day loans for bad credit
auto loans for military.