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Mortgage Rate Predictions – Subprime Blogger Predicts Rates AGAIN!

Posted on | April 10, 2009 | 2 Comments


housing-marketOn Monday, this is the the first paragraph of my mortgage rate predictions article verbatim:

After three very successful weeks of mortgage rate predictions, I am going to go out on a ledge and make the prediction that mortgage rates will bounce higher.  I do not think they will bounce MUCH higher, but we will see a stop to the steady declines.  No need to worry as the overall trend is still down but this week, we will see rates up a tad.
30 year fixed rate mortgage – 4.86%

Freddie Mac released their weekly survey last week and it showed……4.87%.  I am definitely on a roll as most of the analysts are predicting for rates to go under 4.5%.  If you want a true predictor of mortgage rates, make sure to check out Subprime Blogger each money.

Comments

2 Responses to “Mortgage Rate Predictions – Subprime Blogger Predicts Rates AGAIN!”

  1. » Subprime Blogger / Mortgage Rate Predictions - Subprime Blogger … » Subprime Mortgage Refinance
    April 10th, 2009 @ 2:01 pm

    [...] news by admin « How Healthy Are You? » What Is A Subprime [...]

  2. Subprime Blogger / Mortgage Rate Predictions - April 13th - Mortgage Rates Edge Higher
    April 12th, 2009 @ 7:45 pm

    [...] week the Freddie Mac weekly survey showed a bounce in mortgage rates just as I had predicted.  I think part of this is psychology, but a lot of it has to do with the fact that mortgage [...]

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