when will the interest rates drop? are they going to go up more?
407344
they'll stay the same for the next ten months atleast probably after the next rate hike early summer.  the dollar's overvalued and the chinese aren't going to float the yuan freely for the foreseeable future, which would mean the trade deficit will catch up somehow.
1123440
It depends when you change it - the rate fluctuates constantly. A good resource can be found at:\n\nhttp://www.xe.com/ucc/
477922
THE FED WILL INCREASE THE RATE BY AT LEAST ANOTHER .75% THIS YEAR. THIS WILL BRING THE PRIME TO ABOUT 8.5% SO YOU BETTER BE SURE OF THE INCREASE. LONG TERM FORECAST IS PROBABLY A MUCH SLOWER GROWTH OF THE FED RATE.
313562
the answer to this is "probably" Mortgage rates are helped by a friendly Fed and the Federal Reserve is less likely to meddle in politics by doing any changing during an election cycle.  Better yet are the chances of no rate changes, however, due to the negative bend the Fed has been on for almost two years now, even a neutral stance would be great for all of us!
805765
i reckon so, im just waiting for a collapse, as are a couple of my pals who have sold and rented keeping the profit in a bank. interest is due to go up this week to 5%, and it will need to go up again before february. sounds good to me, lots of cheap houses that have been repossessed because silly people cant keep up with the payments when the fixed rate runs out and the payments increase by 40% a month.
1022341
No, everything is quieting down as interest rates get higher.  They're still good rates, but people think if they can't get it in the 5 - 6% bracket, it's not good.  :(\n\nArizona is still one of the hotter markets though, compared to other areas!
162451
Not just yet, but I believe they will sometime in the next two years.  There are way too many variable rate mortgages out there.  With rising interest rates and upcoming corporate layoffs we are bound to see an increase in foreclosures and a reduction in housing prices.
136387
There is in fact a law but it has a high limit. I think its something like 33% over current prime rate. this could mean interest as high as 39%.
776211
I say that home price will drop to 40-60% of what they were last year. They really are not dropping they are correcting. From what you may ask a over inflated bubble that was made. Hear is how they made it.\nhttp://www.breakingbubble.com/index.htm
780120
Definitely....\nThe rumour is that in January they will go up another quarter...\nSavings is the thing to do now...
572749
The lowest rate on the market may not be the lowest rate available to you as what lenders will offer you depends on your personal circumstances. The lowest rate today may not be the one you get as interest rates are subject to change - go visit a couple of different brokers and get some illustrations of what is available to you based on your circumstances.
1055964
Hi there\n\nThat is a tough question, no one can give you an exact and correct answer.\n\nHouse price inflation has and will continue to fluctuate, the future increases are always a matter of debate.\n\nYou need to consider local factors, such as will there be any new infrastructure enhancements - positive or negative - that will affect local prices?\n\nTaking a personal view i would see house price inflation slowing through this year and next, close to zero in years 3 and 4, and then starting to pick up again.  \n\nIf we assume 5% this year, 3% in yr 2, 1% in yr 3 and 4, 5% in yr 5, then the total increase would be about 16%, e.g. the house would be worth about £116,000.\n\nAs I say, this is a personal view, and you also need to take account of local factors as mentioned above.\n\nI hope this helps.
1013897
Open your mind set beyond the last 4 years when interest rates were super low.  They are STILL low to people who have had mortgages 10-15 years ago when rates were 10%, 15% and even 20%.\n\nOnly people getting mortgages within the last several years think rates are high now.  Explain to them the long term history of interest rates.\n\nFind people with HELOC's and convert them to Fixed rate loans.\n\nAs mentioned previously, there are many people with 2/28 and other ARMS that are going to want to convert to a fixed rate.\n\nAttend a few Real Estate Investing group meetings.  There are always people investing in Real Estate.  Be there when they need you.  Don't start out being pushy, just get to know them and be there often.
785499
In the UK it has been discussed that this may indeed happen. However, I expect prices to drop, perhaps dramatically in some areas, while other areas will experience slight depreciation. \n\nIn the USA I expect to see prices drop further in many markets. Currently, there is a lot of talk that prices have "evened" out. However, IMO this is a physolocial band aid with the hope to "hold" things together so many over invested people will not go bankrupt.\n\nForeclosures continue to increase. People bought due to the fear of loosing their dream of home ownership. Many of these good folks over financed themselves and the evil interest rate is knocking at their doors.\n\nOther people bought simply out of the desire to make their "millions" in real estate and got out. Many did make millions - yeah for them. Others have got caught holding the bag. It was due to happen sometime. \n\nSome markets, like the Pacific Northwest will most likely not experience as drastic price drop as other areas, due to the continued flow of people flocking to live here. For my sake, I hope prices do drop dramatically - so I can more house!
363649
In the past year GNMA prices have come down.  I think the Fed is almost done raising rates.  I think that now would be a good time to add to your GNMA account.
1129240
The intrest rate rising may cause property devaluation because fewer people will buy homes, and they will set on the market. Thats the only way I see that the % rate could effect values, but then again maybe a mortgage/realtor type will have a better answer.
792668
Eventually yes they will have to fall!! Prices are rising at an alarming rate, and it will get to the point where it will be difficult for many people to afford to buy their own home. As the saying goes "what goes up has to come down".