Interest Rates and March

Some folks wonder whether interest rates will go up in march, what with the first time home buyer's program due to expire (again) in April ....and the fed's plan to stop buying mortgages.

To read more on the Fed's plan, check this out: http://online.wsj.com/article/SB126291088200220743.html

To read more about the first time home buyer's program, check this out: http://www.federalhousingtaxcredit.com/faq1.php

As mentioned in the Fed article, interest rates have risen this month. It's not like we're at a 10% interest rate, 5.25% is still pretty good ....but it's good to keep in mind what factors may influence the rate in the near future.