Mortgage Rate Forecast For January 2009

[jredz]

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

[jjm1982]

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

[EricJ]

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]

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.