Tracking the Next Big Move in Interest Rates
Individuals involved in private commercial and residential mortgage lending and borrowing, should be watching interest rates very closely, as they are extremely important to the private lending industry for loans on investment properties. According to Mitch Siegler in the article below stated, “Interest rates are one of the most important finance drivers in the economy.” It is well known that interest rates are historically low, but the fact of the matter is that interest rates will once again rise to normal levels. All eyes are on the Federal Reserve to see when this rise in rates will occur, and what the result will be on the economy and private lending sector.
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“Tracking the Next Big Move in Interest Rates” was written by Mitch Siegler in February 2015 in the Scotsman Guide. See the link below for the complete article.