Bill Morris: Mortgage-backed securities and interest rates -- an optimistic view

Mortgage-backed securities and interest rates -- an optimistic view

I have written about this for months, but this short article from RISMedia is an interesting perspective:

Mortgage Backed Securities and the Real Estate Market: Where Do We Go From Here?

I have seen other credible forecasts that when the Fed withdraws support, mortgage rates could increase 1%  to 2% about current rates.  These "power brokers" are more optimistic, and generally see the market stabilizing. 

Even if rates do go "all the way" to 6.5% or 7%, though, that is still very attractive historically, and I am confident that we'll be just fine.  As I have written extensively, I am also optimistic -- particularly about the coming 12 to 18 months in Central Texas real estate.

Bill F. Morris, ABR, CRS, CDPE, e-PRO, MBA
RE/MAX Capital City
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Comment balloon 1 commentBill Morris • February 09 2010 04:26PM


I remain optimistic as well.  I hope they are right about rates.  6.5-7 isn't bad at all.  We have just been spoiled by these 5 percent rates for the past year or so.

Posted by David Monsour, ABR - (Keller Williams Keystone Realty) over 10 years ago