Housing and Mortgage Rates: Where do you think they are going in 2012?

By
Mortgage and Lending with Blueleaf Lending NMLS #130813

Housing and Mortgage Rates continue to dominate the headlines.  As 2012 begins, mortgage rates are at record lows and there are plenty of experts that are weighing in on where they are going in 2012.  The housing market finished strong and mortgage rates closed 2011 at some of the lowest points of all time  ( Freddie Mac ).

Many expect the trend in the 4th quarter of last year will continue in the first quarter of 2012 for housing and mortgage rates, while others expect things to radically change.  

Who do you believe?  Here's some of the organizations that have gone on the record regarding mortgage rates and housing values:

What's Next for Housing 2012

When reputable news organizations weigh in, it's hard not to believe what they are saying.  However, the key to remember is that NOBODY has a crystal ball on where housing and mortgage rates will go in 2012.   There is an element of personal opinion in the expert analysis along with historical data.  

Other factors to consider in my opinion are as follows:

 

  • When will the Fed QE program begin to create a higher level of inflation (inflation is bad for mortgage bonds and causes mortgage rates to go up)?  However, it may be good for housing
  • What is going to happen in the Eurozone?  These nations are too big to save and we have no idea how much sovereign debt our banks in the US hold overseas (see MF Global) 
  • What will be the impact on the additional inventory banks hold or will hold on existing home values?
Where do you think housing values and mortgage rates will go in 2012?  
Posted by

 

 

 

Google Me

LinkedIn

My Reputation
4015715377720
'Very informative and eager to help. Was able to get me a very low rate compared to other brokers. My loan process went very smooth and I have already ... more '
5.0/5.0
by lenso82
4015715393625
'I got a really great deal on the interest rate and fees, and got great service as well. My case was a little complicated and unusual, and the staff ... more '
5.0/5.0
by jwbatts
4015715803069
'We recently bought a house and Chris was the star of the transaction. Communicating with him was a real pleasure. His responsiveness and patience was ... more '
5.0/5.0
by tim1979
chrisjonesmtg on Zillow
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Illinois
Tags:
home values
mortgage rates
predictions

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
58,731

Chris Jones

Sr. Mortgage Planner
Ask me a question
*
*
*
*
Spam prevention