Key indicators that interest rates will rise are easy to spot, once you know what you are looking for. Two to look out for in the near future are the unemployment rate and the discount rate that the Federal Reserve charges to large banks. The unemployment rate is really high now, but when it starts to fall interest rates will rise because more people will have jobs and be able to borrow money. The discount rate is only .5%, to encourage banks to borrow money from the Fed to loan to smaller business, when that starts to rise look out for interest rates! Everyone tends to forget that only a year ago rates in the 6% range were considered to be super awesome, now that they have been in the 5%s, it's easy to forget how great that is! I'm not even going to mention the 1980s (15%!).
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