Comments on: Fixed rates will rise…likely this week http://www.gregwilliamson.ca/uncategorized/fixed-rates-will-riselikely-this-week/ Canadian and Alberta Real Estate and Mortgage Market Information with a slant toward positive comments in light of all the negative information out there Mon, 02 Jan 2012 19:35:08 +0000 hourly 1 http://wordpress.org/?v= By: Greg http://www.gregwilliamson.ca/uncategorized/fixed-rates-will-riselikely-this-week/#comment-77 Greg Thu, 11 Jun 2009 22:46:20 +0000 http://www.gregwilliamson.ca/blog/?p=393#comment-77 Short term interest rates are not expected to rise for some time. As for fixed rates however the prognosis is not the same. The Bond Markets seem to really be on a tear. The markets are pricing in certain inflation risk on bonds which is causing a larger then expected spike in yields. I would not want to ever predict with certainty what rates will do in a specific month, but I would say that there is a stronger chance they would rise again by July then the chance that they will stay flat or drop. I would lock in now, with the understanding that generally you have a 90 day rate hold. Be careful which lender you go with however so that you get the best "look back policy" on rates. Short term interest rates are not expected to rise for some time. As for fixed rates however the prognosis is not the same. The Bond Markets seem to really be on a tear. The markets are pricing in certain inflation risk on bonds which is causing a larger then expected spike in yields.

I would not want to ever predict with certainty what rates will do in a specific month, but I would say that there is a stronger chance they would rise again by July then the chance that they will stay flat or drop.

I would lock in now, with the understanding that generally you have a 90 day rate hold. Be careful which lender you go with however so that you get the best “look back policy” on rates.

]]> By: Paras http://www.gregwilliamson.ca/uncategorized/fixed-rates-will-riselikely-this-week/#comment-76 Paras Thu, 11 Jun 2009 18:28:59 +0000 http://www.gregwilliamson.ca/blog/?p=393#comment-76 Greg, I have been saving for down payment towards buying a home. I was planning to start looking in august as i thought i would be to make a down payment in september/october. Thinking of getting pre-approved in august. but since the rates have risen. do you expect rates to rise further in june/july ? Greg,
I have been saving for down payment towards buying a home. I was planning to start looking in august as i thought i would be to make a down payment in september/october. Thinking of getting pre-approved in august. but since the rates have risen. do you expect rates to rise further in june/july ?

]]> By: Greg http://www.gregwilliamson.ca/uncategorized/fixed-rates-will-riselikely-this-week/#comment-75 Greg Mon, 01 Jun 2009 18:04:40 +0000 http://www.gregwilliamson.ca/blog/?p=393#comment-75 Chuck this seems like a big question that would be better handled in a post with some research on my part, rather then in a reply. Thanks for the inspiration and I will tackle this topic this week. - Greg Chuck this seems like a big question that would be better handled in a post with some research on my part, rather then in a reply. Thanks for the inspiration and I will tackle this topic this week.

– Greg

]]> By: Chuck http://www.gregwilliamson.ca/uncategorized/fixed-rates-will-riselikely-this-week/#comment-74 Chuck Mon, 01 Jun 2009 17:28:35 +0000 http://www.gregwilliamson.ca/blog/?p=393#comment-74 Hi Greg, I have a question regarding interest rates. I've always had a bit of trouble understanding the relationship between interest rates, the performance of the market, and inflation. On one hand real estate is touted as a good hedge against inflation. But, it seems that interest rates obviously impact the market. Given that the predictions are that we're in for some real inflation (I think stagflation has been talked about) and that interest rates are set to rise, what do you expect will happen to the Calgary real estate market with regard to these factors? Perhaps a little bit of commentary on what happened to real estate in the 70's and 80's? Thanks- I would really appreciating reading your insights on this topic. Hi Greg,

I have a question regarding interest rates. I’ve always had a bit of trouble understanding the relationship between interest rates, the performance of the market, and inflation.

On one hand real estate is touted as a good hedge against inflation. But, it seems that interest rates obviously impact the market. Given that the predictions are that we’re in for some real inflation (I think stagflation has been talked about) and that interest rates are set to rise, what do you expect will happen to the Calgary real estate market with regard to these factors? Perhaps a little bit of commentary on what happened to real estate in the 70′s and 80′s? Thanks- I would really appreciating reading your insights on this topic.

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