Interest Rates On The Rise: What's The Next Move?
Posted by Lauren Spencer on
As the federal reserve continues to taper quantitative easing measures, financial experts project mortgage Santa Cruz interest rates will climb in the next two years. Could this be the much awaited ray of light at the end of the proverbial tunnel for builders and investors or will it drive hesitant home buyers to dig in and shelter in place?
Homeowners who are vacillating between refinancing for a lower interest rate and staying the course may find the time has come to make a decision.
Shrinking unemployment numbers and rising retail sales figures signal that the economy is improving. Even if no one is ready to label the US economy as recovered, Fed Chairman Janet Yellon's decision to follow through on tapering plans reinforces other market…
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