Comments on: Mortgage News . . . Good News for 2009

By: Jon

Jon — Sun, 05 Apr 2009 21:31:16 +0000

Not necessarily. High rates cuts down on buyers who can buy – reducing demand. Inflation should counteract that. Which one will win??

Jon — Sat, 04 Apr 2009 22:26:16 +0000

No.

Home prices will most likely rise.

But LESS than wages, less than higher taxes, and home prices will be hurt by the decreased purchasing power of higher interest rates.

Just my opinion! But I think very high interest rates are coming in 2010.

John — Fri, 03 Apr 2009 02:26:30 +0000

If the inflation increases,and interest rate increases in 2010, wouldn’t the House prices come down.?