Who thinks lending rates will rise this summer?

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[ARCHIVED THREAD] - Who thinks lending rates will rise this summer?

Posted: 3/13/2006 7:37:10 AM EDT

If the real estate is softening rates should start to climb.
Nationally things are slowing down. Sales are said to be down 5%
I think we will wait to pull the trigger on another investment.
Buyers market folks, watch it closely and pounce!
Deals are to be had very soon. Me thinks. By no means the sky is not falling.
Just a slight hiccup in sales due to an abundance of inventory. Whats the concensus here?

Posted: 3/13/2006 7:43:16 AM EDT

[#1]

As a mortgage professional - the rates are going up. I have experienced about .25 bump in rates over the past 30 days.

Posted: 3/13/2006 8:14:26 AM EDT

[#2]

Rates are almost certainly going up

Posted: 3/13/2006 8:20:06 AM EDT

[#3]

Rates will increase which will affect the "creative loans"

Posted: 3/13/2006 8:21:27 AM EDT

[#4]

I don't think they have anywhere else to go but up.

Posted: 3/13/2006 8:26:24 AM EDT

[#5]

MTUSA: From what read in the news media, the growing rate of selling real estate transactions is slowing down a bit, but the amount is still quite high.

Posted: 3/13/2006 9:00:04 AM EDT

[#6]

probably will rise, but I dont care, got a fixed rate mtg

Posted: 3/13/2006 9:16:52 AM EDT

[#7]

I think "how much" is the only question at this point.

Posted: 3/14/2006 5:06:31 AM EDT

[#8]

Rates may go up briefly but all the predictions are for rates to drop in the summer. Today's weak retail sales numbers and last week's higher unemployment rate also argue for Fed loosening.

GunLvr

Posted: 3/15/2006 4:03:58 AM EDT

[#9]

SW FL sales have hit the skids. Buyer's market here in Marco Island.
You get a 1.5 million house for 1.2 million now

[ARCHIVED THREAD] - Who thinks lending rates will rise this summer?

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