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!