Today is the first day of the last year of an interesting decade. I thought I’d use today’s column to regurgitate what the economic experts are predicting for the economy this year.

Because this is a mortgage column, let’s talk about interest rates. The Federal Reserve Board of Governors recently announced its intent to keep short-term rates low for an extended period of time. While this will keep rates down on auto loans and home equity lines of credit, it doesn’t guarantee that 30- and 15-year fixed rates will remain at their current low levels.

Full story is available on The Washington Times