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ATTN: MORTGAGE PROFESSIONALS! where do you think mortgage rates will be 30 days from now?
I have a 4% lock with $1100 towards closing. ( due to a misundestanding between me and my LO) Today the 4% is at $4400 towards closing or a 3.75% with $1100. Any educated forecasts where the rates may be next month?
3 Answers
- 9 years ago
There is no crystal ball to try and tell were rates will be in 30 days but I can tell you not too far from whats being offered to you now. basically the lender is paying you upfront for taking a higher rate (but theyll get it back over and over again).. Good Luck!!
- Go with the flowLv 79 years ago
Right now they are still falling due to the feds pumping money into the system.
Suspect the same or lower.
* This is just an opinion.
Source(s): Not a mortgage professional. Just watch CNBC often. - RobLv 79 years ago
Old Saying.
Bird in hand is worth two in bush.
take the one u got as the difference
will not be that great.
Source(s): builder, landlord
