I’ll make this quick as I’m sure you have some New Year’s Eve celebrations to attend to.
QUICK YEAR IN REVIEW.
- Interest rates haven’t really changed this year.
- 5 yr fixed rates are under 3.00%.
- Variable rate pricing improved to around Prime less 0.60% (less in some cases and dropping).
- In fact, looking at the big picture, interest rates haven’t really changed much in the last 4 yrs. Yet, you wouldn’t know it by reading the newspaper headlines….(sorry to my media friends…)
Let’s get to it. MY THOUGHTS ON 2015. Continue reading “Looking ahead to 2015 rates and trends”