Seattle Real Estate

Place for real estate news and area events

Rate forecasting – What are you waiting for? August 21, 2009

Want to let you know that many experts are predicting a rise in inflation and consequently a rise in interest rates as a result of the government’s stimulus spending. These charts demonstrate just how historically low interest rates are. Take a look at where rates were in the early eighties – the last time inflation skyrocketed.

Hope these charts provide food for thought for anyone wondering if now is a good time to get off the fence regarding a home purchase or refinance!

200 year.png

20 year.png

Advertisements
 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s