How Low Will Mortgage Rates Go

Mortgage rates are most directly affected by the bond market, and when demand for bonds increases, rates fall. The average lender was offering its best rates in roughly a month this morning. You’d.

Mortgage rates began the day in slightly lower territory compared to last Friday afternoon, but they’d risen noticeably from Wednesday to Friday. The recovery seen this morning wasn’t enough to get.

Mortgage rates moved down today by varying amounts depending on the lender. In some cases, lenders weren’t offering much of an improvement over yesterday. Those lenders are more likely to improve.

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“We think the lower mortgage rates will create a huge push. “It looked for a period of time like inflation was going to go over the Fed’s 2% target,” said Watson. “Then it dipped down and that gave.

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Fixed mortgage rates might go a little lower if the QE2 actions by the Fed are effective while inflation stays low, below 3.5% or so. refinance rates ease for Wednesday – Rates for refinancing are constantly changing, but they have remained in a historically low range for. experts expect.

Mortgage rates moved lower for the 6th straight day. Now we’re waiting to see how low we can go. It hasn’t made sense to bet on a bounce in rates so far, but that could change soon. In general,

Mortgage rates began to creep lower just before Christmas, Tornquist said, when investors started exiting stocks as disappointing holiday consumer spending, rising unemployment and the subprime.

If the feds cut rates again on Wed., how low do you think 30-year fixed rates will go? I know a 30-year fixed mortgage isn’t tied directly to the rates the feds will probably cut, but it should have some indirect impact. I’m currently at a 6% fixed rate and refinancing in the next 30 days.

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