Interest rates will head up, marginally

To understand the influence that low interest rates have had on the Northern Colorado economy, drop by either the Foothills Mall in Fort Collins or the Twin Peaks Mall in Longmont. Both have changed ownership and are planning huge renovations.

Northern Colorado real estate is becoming an attractive investment once again. Meanwhile, vehicle sales are booming, unemployment is dropping, the housing industry is showing life, consumer confidence is on the rise, and money is flowing into the region from outside sources.

All at least partly due to low interest rates. The question is: How long will historically low interest rates —…