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Will the interest rates rise because of people getting help? They are going down because people are not buying houses. But if the gov't intervenes, there will be fewer forclosures and real estate will start moving quickly again. Doesn't this mean that the interest rates will increase because of supply and demand? If so this is incredibly unfair to people like me who have been waiting years for the market to reverse itself so that we could buy. A rate hike may make it tough.
By Buyer