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> OT: Mortgage Interest Rates, What's gonna happen over next 2-3 weeks
Qarl
post Mar 10 2004, 09:14 PM
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Does anyone have any insight on where home mortgage rates are headed over the next 2-3 weeks?

We're getting to the point where we can lock in our rate on our new home.

The market took a dump today.

The February jobs report announced last week was worse than expected causing the interest rates to drop a bit this week

Are we at the bottom, is it going to stay about the same... go down more or go up?

Does anyone have any insight or know of some internet forums with some industry expert opinions.

Thanks!

Qarl
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GWN7
post Mar 11 2004, 02:06 AM
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I remember signing a morgage for 17% and was glad I did because it hit 21% a month later.

Rates dropped here last week.....
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