Mortgage Rate Predictions – April 13th – Mortgage Rates Edge Higher

Last 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 lenders are getting swarmed with mortgage applications.  The only way to slow down the influx of mortgage [...]

Mortgage Rates Trends – Have We Seen a Bottom?

As many of you know, I strongly believe in psychology when it comes to financial markets.  When everyone and their brother is saying that one direction will be sustained, it is very likely that the opposite will happen; we see it all the time in the stock market.  Today, we hear that mortgage rates have [...]