Fragile Economy Means Steady Interest Rates

The Daily Transcript--The state of the economy determines the future of interest rates -- and with the economy looking fragile, two local experts said they don’t expect interest rates to increase significantly anytime soon.

“Given that fragility, I think any upward pressure on interest rates will be mild because there’s too much uncertainty,” said Mark Riedy, executive director of the Burnham-Moores Center for Real Estate at the University of San Diego. (Full Story)

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