When you’re shopping for mortgages, one of the biggest challenges is guessing what mortgage rates will do next. Will rates rise? Will rates fall?
Everyone has an opinion, it seems.
Don’t Guess On Mortgage Rates
Predicting mortgage rates with any sort of accuracy is tough business.
The experts are wrong as often as they’re right. They talk about probabilities and the expectation of future events, and what mortgage rates will do, but every expert’s guess is based on information that’s already at-hand.
Very interesting article – bottom line is that our best indicators aren’t very good and there are three possible outcomes for mortgage rates tomorrow, they will either go up, down or stay the same – huh…. If you want expert information about Ventura Real Estate, contact us. If you want expert information about mortgage rates, call us and we will refer you to some very knowledgeable people we work with daily.
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