Mortgage Rate Predictions – Rates Head Lower
Posted on | May 18, 2009 | 3 Comments
Last week was the second straight week of mortgage rate increases, but I see that changing this week. I have nothing to base this on other than intuition but I just feel that the Federal Reserve will start stepping to the plate a little bit more for force rates lower. Obviously they have much more access to data than the public so I am sure they are on top of things (sorry, that is funny!). With that being said, here are my mortgage rate predictions:
30 Year Fixed Rate Mortgage – 4.83%
I am not 100% sure why I feel this way but it is a hunce. Let’s see what happens on Thursday.
Category: Mortgage Rate Predictions
Tags: 30 year fixed rate mortgage > fixed rate mortgage > mortgage rate increases
Tags: 30 year fixed rate mortgage > fixed rate mortgage > mortgage rate increases
Comments
3 Responses to “Mortgage Rate Predictions – Rates Head Lower”
Leave a Reply
May 21st, 2009 @ 10:09 am
[...] down. This week the Freddie Mac mortgage survey came in at 4.82% which is .01% lower than I predicted on [...]
May 21st, 2009 @ 4:46 pm
[...] down. This week the Freddie Mac mortgage survey came in at 4.82% which is .01% lower than I predicted on [...]
July 3rd, 2009 @ 10:14 am
[...] down. This week the Freddie Mac mortgage survey came in at 4.82% which is .01% lower than I predicted on [...]