Looking at the 30 yr fixed home loan rates, they seems to be going up a lot.

1) Why are these rates going up in this economy which will not encourage new home buyers to get into market ?

2) Any chances of rates going down this week or sooner ?

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Interview and discussion with Nicolas Retsinas of the Harvard’s Joint Center For Housing Studies. He talks about the housing lumps in the economy. (Bloomberg News)

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A home equity loan and a home equity line of credit both provide money from the value of your home. But each one has its pros and cons.

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