Arn Cenedella

How high will interest rates go?

The Federal Reserve’s program to buy Mortgage Backed Securities (MBS) will end on March 31, 2010.

Many analysts believe this will cause mortgage interest rates to increase.

While there are many different opinions on where mortgage rates will increase to, the general consensus is 5.5% to 6%.

For more information, please review Paul Smalera’s post in the CBS MoneyWatch.COM.

This entry was posted on Monday, March 8th, 2010 at 11:53 am and is filed under Credit Information, Real Estate Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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