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  #1  
Old 11-08-2007, 08:08 PM
elva
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Post Mortgage rate may go up in next few years. But it

won't go up to extremely high level, like 10-12%. However, it could go up to 7-8%.

It's just like $3.50 a gallon gas won't stop people from driving, 7-8% interest may not stop people from buying because the economy appears to enter into a renewed salary increase cycle. All that is pointing to a more inflationary period ahead. Sooner or later, inflation will have to force the housing price higher.
Therefore, the second scenario in my projection is a relatively faster housing recovery, in other words, it may start to recover as fast as 3 years later, rather than 7 or 8 years proposed by New York Times' 1989 theory.

Well, we can't be certain at this moment. Most will key on how strong the economic growth is, and how strong the labor shortage triggered income inflation would be.
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Old 08-15-2012, 12:18 AM
JoemelY JoemelY is offline
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Increasing the rate of mortgage is always a big deal especially for home buyers. Since mortgage is the solution to finance a money but I'm still hoping that mortgage rates will decrease.
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Old 12-08-2012, 03:24 AM
broken555 broken555 is offline
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And please DO point out if these so
called properties you are regulary touting are actually turning a
positive income. This group is based on income properties, show us
cap rates, cash flow.... vacancy rates - not emotional lines designed
for the single family residence market.

Talk business, not fancy...
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Old 10-06-2013, 10:34 PM
Tina傍wilight Tina傍wilight is offline
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Since cheap financing has been a notable driver of the housing recovery, could those rising rates derail the momentum? To answer that question, let痴 first take a look at what low interest rates have done for housing and why they池e increasing now.
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