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Mortgage Rate Forecast For January 2009

 
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jredz



Joined: 18 Nov 2007
Posts: 61

PostPosted: Fri Jan 02, 2009 7:37 am    Post subject: Mortgage Rate Forecast For January 2009 Reply with quote

http://www.fpf-direct.com/mortgage-rates/january-2009.php


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jjm1982



Joined: 30 Dec 2008
Posts: 14
Location: Frankfort, IL

PostPosted: Mon Jan 05, 2009 8:43 pm    Post subject: Reply with quote

Thanks for posting this...let's cross our fingers for 4.5%


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EricJ



Joined: 09 Jan 2009
Posts: 317
Location: New Jersey

PostPosted: Fri Jan 09, 2009 6:27 pm    Post subject: Reply with quote

Yes it would be nice to get down to 4.5%. Right now I am looking at 4.875% for my customers. The pricing has been so strange lately and if you dont lock, it could jump up in the afternoon and then back down again in the morning.



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okean



Joined: 16 Jan 2009
Posts: 3

PostPosted: Sat Jan 17, 2009 1:16 am    Post subject: Reply with quote

You may expect adjustable mortgage rates to hold fairly steady to their above current averages give or take 0.35 of a percent fluctuation.

The 15 year fixed mortgage rate will likely continue its downward trend possibly reaching a low under 4.40 percent.

The 30 year fixed mortgage rate will continue reaching historic lows and a 4.5 percent 30 year mortgage rate is very possible.


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