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Want a mortgage rate prediction for the next week? The polish is off the PIIGS, so to speak. Here's what it means for mortgage rates.
Want a mortgage rate prediction for the next week? I participate in the weekly Bankrate.com Mortgage Rate Trend Index survey. This week's results may have your answers.
Need a mortgage rate prediction? I participate in the Bankrate.com Mortgage Rate Trend Index. This week's survey tells you whether to lock or float your rate.
There's two ways to play this market. You can (1) lock your mortgage rate now, or (2) wait to see if rates will start to fall again. The better course is the former. Rates won't fall long-term.
If you want to know where mortgage rates are headed in the future, you may be better off ignoring the experts. I conducted a 50-week study of the popular Bankrate.com Mortgage Rate Trend Index and it showed that the "expert consensus" on mortgage rates is wrong 3 times more often than it's right. That's not good.