The Future of Mortgage Rates

Published 08 February 10 01:41 PM | Chris & Karen Highland 

The following is a list of articles and interviews proclaiming the rise of interest rates in the near future.  The trigger will be the end of the Mortgage Backed Securities purchases by the Fed.

 Dan Green of The Mortgage Reports Blog,  television interview with Beejal Patel of First Business this week.  They covered a lot of ground topics like housing, mortgage rates, and the FHA.

Mortgage Rate Predictions for the Next 7 Days (Feb. 4) Dan Green.

Inman News Article, projecting a rate of 6.1 percent in the final quarter of this year, 6.3 percent in the final quarter of 2011, and 6.6 percent during the last three months of 2012.

We should see rates increase to 6% at the end of 2010, according to CRHome.com.

 

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About Chris & Karen Highland

We’re Chris and Karen Highland, The Highland Real Estate Group. We’ve lived in the Frederick area for over 18 years and are raising our 4 children here. We’ve seen many communities built where there once was farmland. We love the “small-city yet large-town” atmosphere of Frederick, the quality of life, and the affordability we’ve found here. I've been selling real estate in Central Maryland for almost 16 years. Karen has been helping me over the years in different capacities, as an assistant, then as a buyer’s agent. For a year, I managed an office and Karen took over the bulk of the business. It was a great experience for both of us. I managed 90+ agents and saw more contracts come over my desk than the previous 14 years combined! Now I'm back, running the business and Karen is running the office, and blogging and marketing. With each new year comes a different kind of market and new challenges. In this present market, we face many challenges with mortgage problems, distressed properties and the credit crunch. I've gotten a nationally recognized certification , CDPE, Certified Distressed Properties Expert, to equip me to help homeowners in distress. I'll be blogging about a lot of these issues and about all kinds of real estate topics. Karen and I always have something to say! Join us in our online, ongoing conversation about Frederick Real Estate