Real Estate - Interest Rates
All interest rate increases aren't created equal. A rise in 10-year treasury rates from 2%, where they are now, to 3% or 4% is a sign of improving business conditions and opportunities resulting from a strengthening economy. By contrast, a rise in rates from, say, 5% to 7% or 8% is a sign of an overheating economy that is creating systematic inflationary pressures and must be cooled.
Information provided by Elliot F. Eisenberg, Ph.D. GraphsandLaughs, LLC. C. Thieneman Realtors does not take credit for information.