Jun 4, 2009 0
Mortgage Rates Forecast VERY Tough to Figure Out
AUTHOR: Catherine Brammer
The current mortgage rates forecast is getting very difficult to figure out! For awhile we could just say that mortgage rates were going down but that seems to be over. Rates have went from 4.8% to 5.29% in two weeks! This is unreal; it is now the highest level we have seen in 2009. I sure hope this does not continue as many people are going to lose interest in the housing market. It would be very reassuring to see home prices actually increase in the next few months!