interest rate prediction

Interest Rates & (Un)Conventional Wisdom

Where Are Interest Rates Headed in 2014? There’s no mileage in being contrarian just for the sake of being contrarian. But, it’s uncanny — at least to me — how often conventional wisdom has a way being foiled. In that regard .  . .  there certainly seems to be a broad consensus at the moment...
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3.25% to 4.625% to 4.25% to ???

Interest Rates:  3 Steps Forward, One Step Back? If you haven’t been following, mortgage interest rates have just had a HUGE upward jump. From a low of 3.25% this Spring, 30-year mortgage rates touched as high as 4.625% earlier this week before re-tracing some of that move. What happens next? Conventional wisdom is that rates...
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