Mortgage Rate Trends – Will the Interest Rate Downtrend be Broken?
Please use Subprime Blogger to keep up-to-date with current mortgage rate trends. There are also several articles to help you obtain low mortgage rates. I have often stated that long term mortgage rate trends are down and have been since 1982 when average mortgage rates peaked around 17%. Since then, over almost three decades, mortgage [...]
Mortgage Rate Trends – Interest Rates Head Lower Into August
At the end of May and beginning of June I almost believed that the current downtrend in mortgage rates was broken. I can distinctly remember hearing Bob Pasini on CNBC say that mortgage rates were headed higher for quite some time. In the back of my mind Ben Bernanke’s face kept popping up. I could [...]
Mortgage Rate Trends – Will Rates Go Higher In July?
Mortgage rate trends are setting up for a very interesting July. The 10 year treasury rate is at the bottom of its upward trend channel and hitting support at the 50 day moving average. We all know that as the 10 year goes, so go mortgage rates. If we see a breakdown of the 10 [...]
Mortgage Rates May Bounce Higher in the Next Few Weeks
When analyzing the charts, it looks as if mortgage rates may bounce higher in the next few weeks. The 10 year treasury rate has been in a steady downtrend since it reached 4%. The pullback has brought it all the way back to 3.5% but it looks like there is support at the 50 dma [...]
Best Fixed Rate Mortgage Available For You
Please use Subprime Blogger to get your mortgage rate predictions. There are also several articles available on getting low mortgage rates which, in turn, could save you a great deal of money. UPDATE: July 4th – The most recent article on the best fixed rate mortgage is available here: Fixed Rate Mortgage – What Rate [...]
Mortgage Rate Trends – Has the Trend Turned Up?
When looking at an average mortgage rates chart, one has to think that the overall downward trend has been broken. The increase from 4.82% to 5.59% in three short weeks makes it hard to believe that the mortgage rate trend will remain down. The biggest concern that I have about mortgage rates going higher in [...]
Mortgage Rate Trends Reverse Quickly; Rates Headed Higher
Along with mortgage rate trends, make sure to check out the mortgage rates forecast column to get a deeper look into the future of mortgage rates. There was a very fitting article over at Calculated Risk on Wednesday. In the article, the author illustrated the point that mortgage rates and 10 year yields have had [...]
Mortgage Rate Trends Pointing Towards Lower Rates
UPDATE – July 19th – The most up-to-date mortgage rate trends article is available here: Mortgage Rate Trends – Will the Interest Rate Downtrend Be Broken? For almost seven years mortgage rates have been moving in a sideways direction between 5% and 6% so is this the bottoming process for a downtrend that has lasted [...]
Mortgage Rate Trends – Refinance Rates Continue to Head Lower?
As many of you already know, mortgage rate trends have been pointing to lower long term rates for quite some time now. There are going to be many bounces along the way, just like in the last two weeks but until the housing market finds its footing overall trends are pointing down. This week the [...]
Mortgage Rate Trends – Housing Inventory Data Remains Historically High
Fewer Americans moved in 2008 than in the past 16 years because they couldn’t sell their houses. There is a great deal of pent up demand which could greatly help the housing industry if it is let loose. It looks as if home sales are bottoming around 4.5 million, but this is deceiving as we [...]
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