JakeRoberts
New member
After the presidential inauguration in 2013 will mortgage interest rates rise and will the banks/govt unload more of the shadow inventory onto the market?
2013 Housing Market
- Thread starter JakeRoberts
- Start date
irvinehomeowner
Well-known member
Some opinions here say that election years don't really affect interest rates... but I tend to think they do.
Looking at the charts at mortgage-x.com, it seems like rates are either declining, flat or slightly rising during an election year, and then will noticeable rise or drop afterwards.
This year... there isn't much room to drop... so it will remain flat or go up... but I doubt we will see whole percentage point spikes -- so even during 2013 rates should still be 3-4s (although anything can happen).
Looking at the charts at mortgage-x.com, it seems like rates are either declining, flat or slightly rising during an election year, and then will noticeable rise or drop afterwards.
This year... there isn't much room to drop... so it will remain flat or go up... but I doubt we will see whole percentage point spikes -- so even during 2013 rates should still be 3-4s (although anything can happen).