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Isn't that a great news for buyers and sellers - both?
Rates go up and down, but seldom very far, people will buy when ready.
It didn't last long.
Praful nailed this one!
I do not think they will drop too much. I do not have a crystal ball.
I wish Fredrick Rainear I had a crystal ball! Predictions are good and I hope rate goes down!
I don't watch the news so didn't see this. I don't know how they can say they will go down in 2015...that is the future and no one can predict it.
The oil prices are making the interest rates react oddly. So how low the oil go could affect lower rates.
I don't have a lot to think about this...it's obviously good for first time home buyers and will help stimulate that business!
Interest rates will go done as long as the mortgage starts are down or slow, An increase in mortgages could lead to an eventual increase in rates. It was interesting they said applications are up, but how many are actually getting approved?