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Mortgage rates will remain low as long as the rate of purchasing remains low and the economy remains sluggish.
If / when the economy improves, rates will rise. There's no real reason to believe that they'll move in different directions over the long term.
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I kept this November 2011 article on the NAR conference that took place in Anaheim last year. I wanted to see how far off the NAR lapdog would be when he gave his predictions for this year. Here is the article
http://realestate.aol.com/blog/2011/11/14/housing-market-on-the-rise-in-2012-expert-says/
#housing