Mortgage Rates Predictions on the Rise
Homeowners in the US may not feel that mortgage interest rates
are at historically low levels, because there has been a slow upward
creep in interest rates over the past two years, and current mortgage
interest rates are higher than they have been since early this century.
However, this view is only viable for those with short memories - and
the very young. Not since the 1960s has there been such a sustained
period of low mortgage interest rates. Mortgage interest rates
predictions are on the rise, because of a number of important economic
pressures.
http://tinyurl.us/?f=COXU
Mortgage Interest Rates Move Up After Historic Fall
For the two weeks after the government takeover of Freddie Mac
and Fannie Mae we saw a historic drop in mortgage interest rates. In
fact it was the largest two week drop since 1995. This was after rates
had been gradually falling for the previous two months on rumors of the
takeover.
http://tinyurl.us/?f=40V4
Current Mortgage Rate Predictions
There is great pressure on mortgage interest rates. The major
economic factors affecting interest rates are pointing at rates to rise
in the near future. Mortgage rates predictions, though, must take into
account the political pressures of an election year in the wake of the
subprime mortgage crisis.
http://tinyurl.us/?f=GO0C
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