Mortgage Rates Forecast Getting More Clear?

June 2, 2009 by admin
Filed under: Buying a House, Mortgage, Mortgage Rate History 

Over the last few weeks, many people have been attempting to forecast mortgage rates.  Prior to last week most mavens leaned to the side of the fence that said mortgage rates would head lower.  Well, after getting a bounce,  the mortgage rates forecast looks to be getting a little more clear.  If sure seems with treasury yields heading higher that mortgage rates will follow.  It will be interesting to see what President Obama and Ben Bernanke have to say about this though.

For those of you who have to opportunity to lock in at extremely low Wells Fargo mortgage rates, consider yourself very lucky because you never know when that chance may come again.

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