Real Estate Interest Rate Outlook

Here is a word from Tahoe mortgage broker, Norm Hansen, on the future of interest rates: Rates are still at an all-time low ... but ... we expect some changes in the 2nd quarter. I have reported on the effective job the federal government has been doing in keeping rates low by buying mortgage backed securities ... to the tune of $1.25 trillion. That $1.25 trillion runs out at the end of March 2010 ... which means if the other markets do not pick up the difference in purchasing, then rates will... Read more »