Mortgage Rate Predictions – March 30th – Mortgage Rates Trend Lower Under 4.8%
Posted on | March 29, 2009 | 4 Comments
So far this year I have been quite accurate with my mortgage rate predictions. Over the last two weeks, I have been off .01% and .03% respectively. I will be highly surprised if I can repeat that success this week, but I will do my best. National advertistments and news headlines have stated that mortgage rates continue to hit an all time low. Many are stating that rates are 4.5% or under. This is definitely not the case. This week, my prediction is that the Freddie Mac weekly mortgage rate survey will show
30 year fixed rate mortgage – 4.79%
We are definitely trending lower, but I think the psychology of lower rates is starting to set in and we could see a bounce VERY soon. That is just a hint as to my feelings for the first week in April. Stay posted to Subprime Blogger to get weekly mortgage rate predictions. I will write an article on Thursday when Freddie Mac comes out with their weekly data.
Comments
4 Responses to “Mortgage Rate Predictions – March 30th – Mortgage Rates Trend Lower Under 4.8%”
Leave a Reply
March 29th, 2009 @ 11:30 pm
[...] news by admin « Required Reading: Kotok Explains PPIP, Taleb Takes on Scholes [...]
March 30th, 2009 @ 12:51 am
[...] Subprime Blogger / Mortgage Rate Predictions – March 30th … Related Reading: Mortgage Ripoffs and Money Savers: An Industry Insider Explains How to Save [...]
March 30th, 2009 @ 3:19 am
[...] Here is the original: Subprime Blogger / Mortgage Rate Predictions – March 30th … [...]
April 2nd, 2009 @ 12:35 pm
Are you cheating somehow? Your “predictions” are remarkable!