Posted on: 17th Sep, 2006 06:49 pm
Will Mortgage Rates be higher or lower at the end of the year and why?
No idea....
Hi Guest,
It's pretty hard to predict the rates at the end of the year right now. As far as long term rates are considered, they have been slowing down for the 9th time in 11 weeks. These rates are dependent on the bond market. If the bond market feels inflation will rise, mortgage rates will go up too.
God bless you
Samantha.
It's pretty hard to predict the rates at the end of the year right now. As far as long term rates are considered, they have been slowing down for the 9th time in 11 weeks. These rates are dependent on the bond market. If the bond market feels inflation will rise, mortgage rates will go up too.
God bless you
Samantha.
Clarification:
The 30 year fixed rate today is 6.43%. Will it be higher or lower at the end of the year?
The 30 year fixed rate today is 6.43%. Will it be higher or lower at the end of the year?
30 year fixed rate home loans are expected to average 6.8% by the second half of 2006.
30 Year Fixed Rate today as published on mortgagefit are 6.43%. Vote yes if you think rates will be higher by the end of the year.
I think rates may go up
I think the Mortgage Rates will go down.
Compare to 2005, this year we can expect it to be on the higher side. This is my personal prediction.