California current 30 yr mortgage rate and hard money [mortgagedealstips.blogspot.com]
The average rate fell to a record low for the seventh time in eight weeks. Rate on 30-year mortgage falls to record low
www.lendinguniverse.com California current 30 yr mortgage rate and hard money, application home mortgage refinance and best home mortgage interest rates against best mortgage loan rate and compare it with private hard money loan rate and terms. http Private investor Research Services...
mortgagedealstips.blogspot.com California current 30 yr mortgage rate and hard money
Question by : Does anyone know if the 30 yr. Mortgage rates are going to go back down? I think right now we are finding them at like 5.5%. I was wondering if anyone knew if they maybe coming back down or if they are suppose to rise?? Best answer for Does anyone know if the 30 yr. Mortgage rates are going to go back down?:
Answer by glenn
Within the next 12 months I think they will be much higher. They may dip back a little at some point before rising but I wouldn't bet on it. I think that we really have an expectation of inflation and that will keep interest rates on the up tick.
Answer by David Z
no one can guess the future. Majority of experts would predict higher rates in 6 months instead of lower but who knows? they have been coming down a little the last 3 days including today. Look at the 10 year treasury note as a guide to what mortgage rates are doing.
Answer by Gary H
It a person could predict interest rates, that person would be the richest person in the world. I have been working the the mortgage business for the last 8 years. I have research and found cycles - every four years interest rates are low, corresponding to an election year. After a presidential election year, interest rates have gone up. The time between elections - twice a year the government adjusted interest rates to control inflation. June 15 and November 15th. Interest rate would go up before those dates, and go down after those dates. Just like the price a gas - every summer the price goes up, and every October the prices go down..... Look at history for your answer........
