Monday, January 16, 2012

Will home loan rates increase? | Mortgage rates analysis

As of writing this article on the 17th January 2012, the global economy is quite dynamic and somewhat volatile. One area where this is hitting hard is the bank loan market. The prediction of whether home loan interest rates will be moving up or moving south can be quite difficult and even some aged financial professionals are giving up on any forecasts at the moment. My opinion on the interest rate shift can be summed up to what ever happens in Europe and whether Italy can dodge a default. If it was easy to see the future then everybody would be doing it and making lots of money at the same time. If you know that Italy will avoid a default and continue being a part of the Euro then hopefully this would stabilize the financial markets and see a quicker return to global stability and growth. Therefore not seeing a significant change in interest rates but if there was any movement it would be up. Further research into interest rates and the current financial trends is recommended.

1 comment:

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