Speculation on Interest Rates

Have you noticed how everyone seems to have a different opinion about how long we’ll have low rates? And will they go lower? Here’s the best answer … “we don’t know!” But I can tell you this … rates rise like a rocket and fall like a feather. As soon as we see any significant gains in the stock market or overall economy, rates WILL rise. We seem to have hit a floor for how low, so if you need to refi or purchase, do it sooner, unless you’re a gambler!