Mortgage Rates are still hanging in there

Real Estate Agent with Keller Williams Realty

Mortgage rates are still hanging in there. There has a lot of talk about the rates rising in 2010. It is the general consensus that as inflation pressure appear there will be rate hikes. With mortgage rates tied to treasuries and MBS, there will also be pressure to give investor incentives to get into these.

As for buyers and sellers (to a certain extent) rates will still be in line with affordability. That is to say, that sound credit will still allow a logical decision on homes buying.

Posted by

Bonner Thomason

Comments (1)

David Saks
(retired) - Memphis, TN

My state board bulletin indicated about a .17 drop in the 30yr rate yesterday for last week. It's a revolving door.

Apr 20, 2010 04:21 PM