Home : Blogs : Darrell Walters : Darrell's Blog - Integrity Mortgage Update

Bankrate.com Mortgage Trend Index

The April 23rd release of the Bankrate.com Mortgage Trend Index is available with the experts saying that rates aren't going anywhere fast.

Here are the predictions for mortgage rates in the next 30 days:

09% predict mortgage rates will increase
19% predict mortgage rates will decrease
72% predict mortgage rates will remain unchanged

Holden Lewis, senior reporter of Bankrate.com states, "Mortgage rates have held in a relatively narrow range in the last few weeks." The Fed is watching inflation very closely as they continue to purchase mortgage backed securities. Rates could change in either direction depending on the outcome but as of now rates remain steady.

Remember this mortgage trend index is for conforming rates only. For your free mortgage consultation and information regarding current mortgage rates email me or call 678.648.5626.

Source: Bankrate.com

Posted by Darrell Walters on 04/23/2009 09:21 AM

Comments (1)

Mortgage Rate Update in the Mortgage / Finance Channel

bankratecom, mortgage rate trends

This post has been included in Georgia Information
Post is included in group: Realtors®
Post is included in group: Dedicated Bloggers
Post is included in group: Coweta County Real Estate

1 Comments on Bankrate.com Mortgage Trend Index

APR

That's good news in my neck of the woods, but if rates aren't going anywhere fast, does that mean they are going somewhere slowly? LOL Sorry. Couldn't resist.

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?