I've pretty much stayed out of this debate, but I think it's just another market that will fall hard after being overhyped with initial profits and commercials. The interest rates I know less of, but the housing aspect of it will fall. I think the same will happen with the commercialized incucing of gold prices.

Regardless, the housing market and associated sub prime loans are a small enough part of the economy, we shouldn't see but a small dent should the worse happen.