tag:blogger.com,1999:blog-3369913673706314365.post2201669215885364902..comments2023-08-29T15:46:12.709+08:00Comments on For Prudent Investors & Home Buyers: Smart Buyers Collection: Low mortgage rate - beware of being lured into a mortgage trapUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3369913673706314365.post-69368030907995011322008-09-23T09:48:00.000+08:002008-09-23T09:48:00.000+08:00Dear Desmond,This is what the mortgage consultant ...Dear Desmond,<BR/>This is what the mortgage consultant friend said in an email, "There is likelihood that interest rates may stay low (same as 2002 to 2005), but this time, there is some marked differences, the M1 money supply is much higher. There is also some risks that US bail-out of private enterprises and banks to the tune of almost 1 trillion (1000 Billion USD), plus US deficit of over 500 Billion, the USA cannot afford to find that money. If they expand money supply (aka print more money) there may be elevated inflation risks and therefore interest rate hikes possibilities. Right now, it's anybody's guess. "<BR/><BR/>Hope it helps.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3369913673706314365.post-85741826601901161372008-09-19T11:28:00.000+08:002008-09-19T11:28:00.000+08:00Dear Desmond,I must confess that I'm quite ignoran...Dear Desmond,<BR/>I must confess that I'm quite ignorant about housing loans but I've got a friend who's a mortgage consultant. Let's see if he could write some articles on the topic. I should have them posted quickly. Do visit the site often.<BR/><BR/>Best wishesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3369913673706314365.post-58088238057382523772008-09-19T11:06:00.000+08:002008-09-19T11:06:00.000+08:00I have just taken up a sibor pegged housing loan, ...I have just taken up a sibor pegged housing loan, how do you think the rate is headingUnknownhttps://www.blogger.com/profile/15538156626424160919noreply@blogger.com