Mortgage Rate Predictions – April 2nd – Spot On Three Weeks In a Row!
Posted on | April 2, 2009 | 4 Comments
On Monday, this was my post verbatim:
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%
Today Freddie Mac released their weekly primary mortgage market survey as 4.78%. I promise you guys that I am not cheating. As I stated in Monday’s article, national advertistments and news sources were attempting to tell the American public that rates were under 4.5% when this was just not true. If you want a real perspective of mortgage rates, make sure to stay tuned into Subprime Blogger. Over the last three weeks, our predictions have been off .01%, .03% and .o1%. I would like to know who else has been this close over the last three weeks.
On Monday, I will make my predictions for next week and we will see how accurate I am this time. Eventually I am going to be way off, it just has not happened yet.
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4 Responses to “Mortgage Rate Predictions – April 2nd – Spot On Three Weeks In a Row!”
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April 2nd, 2009 @ 11:05 pm
[...] Go here to see the original: Subprime Blogger / Mortgage Rate Predictions – April 2nd – Spot On … [...]
April 3rd, 2009 @ 12:07 am
[...] news by admin « Trent assistant prof tracks course of U.S. mortgage crisis [...]
April 3rd, 2009 @ 12:37 am
hi thanks your great information n thanks for sharing.
Meanwhile, I’ve just post up my new post
on Understanding Debt Consolidation Mortgage Loans.
Any comments and sharing might be appreciated.
Regards,
Julia Tanady
AllMortgageSolution.com
April 5th, 2009 @ 10:35 am
Looks like you’re doing great with the predictions. And I’m glad to see that the trends continue to be in favor of low mortgage rates. Can’t wait to see what you’ve got to say tomorrow.