Author Topic: Interest Rates Feds Etc.,  (Read 1710 times)

sdavis

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Interest Rates Feds Etc.,
« on: October 22, 2013, 06:40:19 PM »
So, we're currently building a home, and while I am trying to understand all this interest rates, feds, and bond buying nonsense, I'm still pretty newbie to the financial planning industry as a whole...

I figure since you all are gurus in the field, maybe some of you have predictions on where interest rates will be in the next few months..?


capital

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Re: Interest Rates Feds Etc.,
« Reply #1 on: October 22, 2013, 07:10:49 PM »
The market is buying federal debt two years out at a .31% interest rate, and at even lower rates for shorter time periods:
http://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yield
That means the market thinks (as in, people are betting billions of dollars on the fact) that federal interest are unlikely to go up much in the next two years. Mortgage rates should likewise not move up that much, unless something unexpected happens. Of course, something unexpected could always happen.

sdavis

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Re: Interest Rates Feds Etc.,
« Reply #2 on: October 23, 2013, 09:07:15 AM »
Thanks. :) I'm stressin out about it, you rock!

matchewed

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Re: Interest Rates Feds Etc.,
« Reply #3 on: October 23, 2013, 09:12:25 AM »
Nobody has a good crystal ball. But I do have to agree with ehgee that the near future looks just fine.

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