What will mortgage rates do?
Post date: 2020-08-05 09:11:22
Views: 177
How low do you think mortgage rates will go in the next six months to a year? Depending on circumstances?

We are considering remodeling and/or refinancing but I am wondering how long to wait. Our mortgage broker is reluctant to "guess" because 1) She probably wants to lock us in now as a client 2) She doesn't want to be wrong an look stupid 3) She may have some fiduciary duty to not make things up.

However, you fine folks have none of those concerns.

What do we think will happen? How low might they actually go?

My guess is even if the economy begins to recover the fed will keep things low no matter which administration is in the office. Do we think so? What if the economy flatlines for a while?

I don't want to miss my opportunity but don't want to jump too soon!
Number of Comments
Please click Here to read the full story.
 
Other Top and Latest Questions:
Wall Street’s top picks for 2026: JPMorgan says a rare biopharma stock could more than triple
Stocks making the biggest moves midday: Paramount Skydance, Rubrik, Netflix, Parsons, Albemarle and more
Southwest Airlines cuts outlook on government shutdown demand hit, higher fuel costs
'Trump accounts' could give your child up to $1,000 for free. Your top questions, answered
'Foolproof' nail kits and 'Holy Grail' gloves: 11 gifts for $50 or less, recommended by CNBC staff
37-year-old turned her thrifting side hustle into a business that brings in 7 figures a year: 'Anyone can do it'
4 'good enough' financial moves to reach your goals with 'less time and hassle,' from a money expert
Judge finalizes remedies in Google antitrust case
Married millennials, here comes the crypto divorce cliff
Warren Buffett's Berkshire Hathaway nailed the timing on Alphabet — whether by design or not