Posted 9/11/2021 12:55 (#9214651 - in reply to #9214636) Subject: RE: what happens if rates GO UP??
Texas, the really flat part
We’ve had low rates for more than a decade now. It’s obvious that big budget deficits don’t drive interest rates. I’d imagine that most folks have locked in these low mortgage rates. If the fed bumps rates up it’d likely cool the housing market a bit and slow the economy. I don’t think we’re at that point yet.