Question:   Where are interest rates headed?

Answer:   At any one time, no one knows for sure where rates are headed. Beyond public policies put in place by the Federal Reserve Board, there are no laws that govern mortgage rates. Historically, usury laws were used to prevent lenders from charging sky-high interest rates when lending money. But in some states where there are usury laws, banks, thrifts and a number of other financial institutions are exempt from the law.

Today, interest rates are governed solely by the financial markets and by Federal Reserve Board action, neither of which can be predicted with absolute certainty.

Atlanta Communities
Speak with a Realtor now! Contact The AtlantaPros Real Estate Team 770-346-9000
Email Atlanta Real Estate Pros

North Atlanta
  Luxury Homes

Recent Posts

Warning: readfile( [function.readfile]: failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found in /home/content/a/t/l/atlantapros/html/atlantapros/blog/real-estate-blog.php on line 3

Alpharetta Business Award