What will mortgage rates do?
Post date: 2020-08-05 09:11:22
Views: 160
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:
Movie: Superman
Am I the only one who thinks this common construction is awkward?
Identify this bug? Chicago wood-munching edition
These three stocks have a strong chance of topping Wall Street estimates, says FBB's Mike Bailey
'Superman' launches James Gunn's DC cinematic universe with $122 million domestic opening
Top Wall Street analysts are upbeat about these dividend-paying stocks
New Senate report on Trump assassination attempt calls for more severe disciplinary action
Global week ahead: Trade tensions cloud earnings and the G20 heads south
Inside the trade war's tariff hideouts, 'foreign' zones and bonded warehouses
Here are the 5 things we're watching in the stock market in the week ahead