Hey,
I came across a great site where they summed up all the predictions on interest rates. Basically, it was rising roughly a quarter point or more every 3 months from now until reaching 4.5% in August 2011 and stabalizing for 3-4 years.
I downloaded a great speadsheet where they used this analogy and a five year fixed at 35 year amm, $250K mortgage type of thing, and came out with which one would win
Anyone know how I can include this for everyone?
Also, is this the general prediction around here as well? Part of me thinks they may not even raise them now but what do I know.
I came across a great site where they summed up all the predictions on interest rates. Basically, it was rising roughly a quarter point or more every 3 months from now until reaching 4.5% in August 2011 and stabalizing for 3-4 years.
I downloaded a great speadsheet where they used this analogy and a five year fixed at 35 year amm, $250K mortgage type of thing, and came out with which one would win
Anyone know how I can include this for everyone?
Also, is this the general prediction around here as well? Part of me thinks they may not even raise them now but what do I know.