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Rate snapshot: Are US interest rates too low?

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Mortgage Professional America | 09 Jun 2014, 11:00 AM Agree 0
Are interest rates too low, just right -- or heading lower? That and more in today's rate snapshot
  • Dominick F Sammarone | | 09 Jun 2014, 11:07 AM Agree 0
    Hmmmm…. Banks have a record amount of foreclosures and non-performing assets on the books. The banks are showing record profits. Japan has had record low rates for 15 years to stimulate their economy. Credit Unions have had little or no involvement in all this mess and continue to do business as usual without causing severe damage to the financial world.

    Is this a trick question whether the interest rates are too low?
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