What will mortgage rates do?
Post date: 2020-08-05 09:11:22
Views: 223
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:
UBS downgrades the U.S. stock market. Here's what has the investment bank worried
Trump said tariffs could someday 'substantially replace' income taxes. What policy experts say
Netflix CEO Sarandos visited White House right before streamer said WBD deal is off
Answered: Can I upload video in q2a by a plugin?
Trump angering MAHA with glyphosate order gives Democrats an opening
OpenAI announces $110 billion funding round with backing from Amazon, Nvidia, SoftBank
Iran war live updates: U.S. embassy in Riyadh hit by drones, Trump promises response 'soon'
Frieren: Beyond Journey's End: A Demon-Slaying Request
The Pitt: 2:00 P.M.
Book: finnegans wake