Quote:
Originally Posted by The Yen Man
I guess at the end of the day, no one really knows what's going to happen in the future. Some people think interest rates will increase dramatically, some people don't. Even professional analysts can't seem to agree, so it's not surprising the wide range of opinions reading through this thread.
My completely non professional opinion is that yes, interest rates will inevitably go up, but probably to the 4-6% range max in the next 5 years; enough to cool down the housing market, but not enough to tank the economy. I just can't see it hitting the 8% mark when the US economy is still in shambles.
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Quoted for thieving my opinion
