Posted by mwm143 on 6/18/11 7:35am
Msg #386766

Will interest rates rise after June 30?

Once the Feds pull out of the bond market on June 30 rates will like increase. I can't imagine how much work will be left in this industry other than $30 mods and $8.00 mystery shops.

http://money.usnews.com/money/personal-finance/mutual-funds/articles/2011/03/15/what-happens-after-qe2-ends

Link posted for you Linda.

Reply by Linda_H/FL on 6/18/11 7:47am
Msg #386769

Hehe...thank you...wiseacre.....:) n/m

Reply by Barney on 6/20/11 10:59am
Msg #386914

Re: Will interest rates rise after June 30? YES

I was told by the end of this year rates would be 5.5 % and next year mid would be 6%. Yes, they are going up. This information is from a banker.