Rising Mortgage Rates May Be Good For Economy

on Mar 27, 2012 in Fox News, Media Center by Ed Butowsky | No Comments »

if(strstr($_SERVER[‘HTTP_USER_AGENT’],’iPhone’) || strstr($_SERVER[‘HTTP_USER_AGENT’],’iPad’) || strstr($_SERVER[‘HTTP_USER_AGENT’],’BlackBerry’) || strstr($_SERVER[‘HTTP_USER_AGENT’],’Android’))

echo “” ;
?>

Goodbye record low home mortgage interest rates. The average 30-year fixed rate mortgage rate moved back above 4% for the first time in nearly 5 months. Conventional thinking says that this is bad for the economy and the housing market as a whole, but there are other economists that argue this is a good thing for the economy. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News Bulls & Bears to discuss the facts and the economics behind this small jump up in home interest rates.

Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.

 


Tags: , , , , , , , , ,

Leave a Reply

About Ed

Ed Butowsky is a nationally-recognized expert in investment management. Butowsky has been in the financial services industry for over 22 years. He was previously a Senior Vice President at Morgan Stanley and a Managing Director ... More »

Contact

Ed Butowsky, Managing Partner
Chapwood Capital Investment Management, LLC
Website: www.chapwoodinvestments.com
Email: ed@chapwoodinvestments.com
Phone: (972) 865-2225
fox news financial advisor, world wide current events, sports illustrated 2009, the blazetv, hedge fund manager, professional athletes financial advisors
Web Statistics