How to Predict Mortgage Rates
Mortgage interest rates in U.S. have been swinging wildly in the past few months. There are clearly very important factors causing the swings. One obvious factor is federal reserve action. Another is consumer spending. Other factors include GDP or gross domestic product, consumer confidence and unemployment.
In the coming months, economists and industry leaders are expecting not-so-good mortgage rates predictions. They expect that mortgage rates continue to be volatile and quite unpredictable in the coming months. In this age of adjustable rate mortgages (ARM), this volatility is not something that the homeowner should be happy about.… Continue reading ...


