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Interest Rates

What Happens When Interest Rates Go To 10%?

by Justin McHood Interest Rates

What happens when interest rates go to 10%? People will start buying “less of a house” which may lead to downward pressure on real estate prices.

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Arizona Mortgage Rates: Look For Lower – Then Higher

by Justin McHood Interest Rates

Arizona mortgage rates should go lower after the Fed’s announcement – then higher. How much higher? Much, much higher if I learned anything in my macro economics classes.

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Will Interest Rates Go Lower? Yes. Here is Why.

by Justin McHood Interest Rates

Will Interest Rates Go To 4.5%?
We have been asked that question often recently. Normally, when people ask us “what is going to happen with interest rates” we usually reply with “well, one of three things can happen:

They can go up
They can go down, or…
They can stay the same.”

If you asked me the question today of [...]

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Phoenix Arizona Mortgage Rates October 15, 2008

by Justin McHood Arizona Mortgage Rates

Arizona Mortgage Rates for October 15, 2008

Rates have moved up significantly in the last week.
As we have mentioned before, trying to predict interest rates is tricky and we prefer not to try to be “rate predictors”.  The only advice that we can give during this period of uncertainty in the markets is that if you [...]

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