It is now assumed by the majority no longer the minority that the federal reserve is going to be raising rates later this year. We are in the 3rd quarter of 2015 and so there is not much time left in the year for them to do so but it will most likely come at the next fed meeting.
If this is to happen then we can expect this to negatively impact buying in the real estate market. This will also affect many other financial services industries and loans. Interested to see our readers thoughts.