Mortgage Rate Predictions – January 29th
Posted on | January 26, 2009 | 4 Comments
In our eyes, making mortgage rate predictions this week is going to be extremely difficult. The mortgage market has shown that there was a needed bounce back over 5% in the 30 Year Fixed Rate, but now where do we go. Our current predictions are as follows:
30 Yr Fixed Rate – 5.17% – Not much change here, but slightly higher than last week.
15 Yr Fixed Rate – 4.78% – VERY little change here as we cannot see this one catching up to the 30 yr fixed anytime soon.
Check back in on Thursday to see what Freddie Mac reports and our brief analysis. Obviously these are the national average and would not be the Subprime rate that some may get.
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4 Responses to “Mortgage Rate Predictions – January 29th”
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January 26th, 2009 @ 5:56 pm
[...] news by unknown « Florida Mortgage – First Time Home Buyers Rejoice at World-Real [...]
January 26th, 2009 @ 8:01 pm
[...] View original post here: Subprime Blogger » Weekly Mortgage Rates Predictions – January 29th [...]
January 27th, 2009 @ 11:31 am
Thnaks for sharing nice stuff
February 2nd, 2009 @ 9:33 pm
[...] rate and stayed the same at 4.8% on the 15 yr fixed mortgage rate. This was very close to our mortgage rate predictions. This week we actually see another drop in rates due to the influence of President Obama and the [...]