Mortgage Rate Predictions – Rates Remain Stable

Posted: June 23rd, 2009 | Author: admin | Filed under: Mortgage Rate Predictions | Tags: , | 4 Comments »

Please make sure to use Subprime Blogger to get your Mortgage Rates Forecast.  There are also articles available on getting low Wells Fargo Mortgage Rates.

In my mortgage rate predictions column last week I wrote that is was likely that we are going to see mortgage rates stabilize in late June; this is exactly what looks to be happening as the volatility of the 10 year treasury rate has gone down dramatically.  I would be very surprised if we see a move of any significance this week in mortgage rates.  Last week rates came in at 5.38% versus my 5.54% predicted.  This week my prediction is:

30 Year Fixed Rate Mortgage – 5.43%

Like I said, I seriously doubt we will see a drastic move in either direction so this week is not going to be that important as far as making predictions.  The overall housing market and mortgage industry needs this stabilization period as fluctuating mortgage rates are not good for anyone.

4 Comments on “Mortgage Rate Predictions – Rates Remain Stable”

  1. 1 Subprime Blogger / Mortgage Rate Predictions - The Fed Purchases $75 Billion in Mortgage Backed Securities said at 6:57 am on June 23rd, 2009:

    [...] June 23rd – I recently updated my newest article on mortgage rate predictions, please check it out and share with friends: Mortgage Rate Predictions – Rates Remain Stable [...]

  2. 2 Subprime Blogger / Mortgage Rates Forecast - Downward Trend to Continue? said at 6:58 am on June 23rd, 2009:

    [...] UPDATE:  June 23rd – I recently updated my newest article on mortgage rate predictions, please check it out and share with friends: Mortgage Rate Predictions – Rates Remain Stable [...]

  3. 3 » Subprime Blogger / Mortgage Rate Predictions - Rates Remain Stable » Subprime Mortgage Refinance said at 11:46 am on June 23rd, 2009:

    [...] news by admin The Sub-Prime Mortgage Market is Broken – Mortgage Advice … [...]

  4. 4 Subprime Blogger / Mortgage Rate Predictions Nailed by Subprime Blogger said at 8:15 pm on June 25th, 2009:

    [...] Prediction 30 Year Fixed Rate Mortgage – 5.43% Actual 30 Year Fixed Rate Mortgage – 5.42 [...]

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