Do you think the mortgage rates will lower or keep climbing in the near future?

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The economy usually takes about 6 months to react to the fed actions in reportable numbers. Watch for CPI (the leading indicator of inflation) to lag while joblessness and consumer debt increases.

I expect we will see the fed drop rates as early as 2007 and perhaps a new refinance boom in 2008.

Rates will not go up more, in my crystal ball!!

Do you think the mortgage rates will lower or keep climbing in the near future?

There was a news article just last night on the high number of mortgages defaulting. These weren't the high interest ones, these were the more recent low rate mortgages. Which means the fed isn't going to make getting a mortgage easier, too many unqualified people get a mortgage and then can't make the payments.

Lock in your rate, stop "fiddling" with your mortgage and make payments on time. There are other ways to invest your money, improve the property value etc.. Lock in the rate.

Do you think the mortgage rates will lower or keep climbing in the near future?

interest rate will go up again this year.

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Do you think the mortgage rates will lower or keep climbing in the near future?

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