Monday, October 7, 2013

Interest Rates: Latest Projections

  With the hubbub now present with the government shutdown, every one has heard about how Fannie Mae, Freddie Mac, USDA Loans etc. are being hindered by the shutdown and lack of staff and lack of funds.

Yet, it is interesting that the rate expectation remain constant for about a year out in 3rd Quarter 2014.
Though the expectations are constant for now.  I wouldn't hold my breath if I were you that this is the final word.   

Besides any impacts of the government shut down of the markets, the improving housing market may increase pressure on interest rates.  So it is no time to wait if you need to move.

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