Like I said, I seriously doubt we will see a drastic move in either direction so this week is not going to be that important as far as making predictions.  The overall housing market and mortgage industry needs this stabilization period as fluctuating mortgage rates are not good for anyone.

Prediction 30 Year Fixed Rate Mortgage - 5.43%
Actual 30 Year Fixed Rate Mortgage – 5.42

It will be interesting to see where things go, but look for some more stabilization are the volatility in mortgage rates is likely to moderate each week for awhile.  Make sure to use Subprime Blogger for future mortgage rate predictions and information on how to get low mortgage rates.