HomeBuyer Heaven
With interest rates at record lows over the past year, there’s really only one way for them to go, the only question is when. Most experts agree that rates will remain fairly stable in the short term, at least until the end of the year, and some believe they will even decrease slightly. However, the prospect of a sharp increase in 2005, continuing into the following year will have many mortgagees feeling uncomfortable. Those most at risk when rates begin to rise again will be borrowers who have been over eager to buy in to the mortgage market ......