MENU

GOOD SOURCES FOR ECONOMIC AND INTEREST RATE PREDICTIONS

If you’re like me, you try to look into the future to see where our economy and interest rates are heading. At Shannon Waltchack we own multiple properties, all with different mortgage, amortization and balloon schedules. It is vital for us to try “wring-out” as much cash flow from our properties as possible by keeping our borrowing costs as low as the banks will allow. We do this by following the markets and recasting notes to float when rates are heading lower (right now) and by trying to get fixed rates as or before they start rising.

blog-4-18-08.png
One source we review is Well’s Fargo’s (previously Wachovia) Economic Commentary web page to read a succinct view on what’s happening in capital markets and to see their predictions for Fed, Libor and Treasury rates in the Monthly Economic Forecast section.

Are there other websites you consult to see rate predictions? Please share with us in the comments section.

by Derek Waltchack
04.18.2008