Mortgage Rate Predictions – Interest Rates Stablize to Up
Posted on | August 24, 2009 | No Comments
Mortgage rate predictions this week is just going to be a quick update. The 10 year treasury rate has hit the bottom of the upward trend channel so I expect to see mortgage rates move sideways to up. It doesn’t look like average mortgage rates are going to go below 5% any time in the very near future. Daily mortgage rates have been hovering around 5.1% but it looks like we will move up to around 5.3%. With that being said, my mortgage rate predictions for this week are:
30 Year Fixed Mortgage Rates – 5.32%
Many more bad credit mortgage and bad credit financing articles to come later today so please check back in.
Author: Jesse Wojdylo
Category: Mortgage Rate Predictions
Comments
Leave a Reply