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Old 05-20-2010, 10:05 AM   #955
Bill Bumface
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Quote:
Originally Posted by The Yen Man View Post
So some economists are now saying interest rates might not go up in the summer:

http://www.theglobeandmail.com/repor...rticle1574908/
Not surprised. The current real estate market has them in an interesting spot. Things have cooled themselves off enough that there might not be too big of a worry trying to slow inflation. If you raise interest rates and house prices take a big fall, you'll end up with lots of defaulted mortgages.
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