Thursday, March 7, 2013

Have We Finally Hit Bottom With Mortgage Interest Rates?

Tom Reddin thinks so:
Putting aside any major crises such as a new war, a further collapse of the European economy, or a major shock to the financial system, it is reasonable to expect a gradual increase in mortgage rates for the rest of 2013. If the economy continues to bumble along at a modest 2 percent growth rate, corporate profits will continue to grow gradually, and confidence will slowly but steadily continue to strengthen.
(via BND.com)

Related: We Keep Hearing That Mortgage Rates Have Hit Rock Bottom

Read more here: http://www.bnd.com/2013/03/07/2523137/tom-reddin-where-are-mortgage.html#storylink=cpy