What direction will interest rates take?
Higher rates will cause major headaches. Higher mortgage rate mean lower housing starts mean lower/slower economy.
It’s sad. Sooner or later they will have to hike rates. Then it will really hit.
I like most others believed that these were going up. This new downward trend is troublesome, as I believe that it is a symptom of a sick economy more in trouble than most realize. We are reliving the '30's more than anyone realizes. It is just the Obama government would rather lie than admit it.