Housing affordability conditions are forecast to remain favorable through next year, with the 30 - year fixed - rate mortgage
staying near record lows for the balance of this year but gradually rising to 4 percent in the second half of 2013.
Erskine Bowles, co-chair of the Simpson - Bowles Deficit Reduction Commission has calculated that service on the interest for that debt alone, if rates
stay near record lows, will be $ 1 trillion by 2020!
Not exact matches
Sergei Guriev, a former advisor to the Russian government, told CNBC that, should oil prices
stay at their
near -
record lows of around $ 82 a barrel, Russia, which is basing its economic forecasts on a much higher oil price, would face a «serious problem.»
Existing home sales will
stay near record levels this year as
low interest rates continue to drive the real estate market, says Canada Mortgage...