Are Mortgage Rates Predictions Reliable?
Have ever wonder if mortgage rates predictions are accurate or reliable? Mortgage rates predictions are not easy to calculate. These calculations are done to project where interest rates are going in the short term or the long term. No one can really tell for certain where interest rate is going. Although some mathematicians and based on historical data, they can make some assumptions. They may not be accurate or reliable because of the many factors like the effects of the rise and fall or changing of inflation indicators. There are many factors that affect them such the economic and financial factors which can influence the outcome or possibilities. But never believe anyone who would suggest to you that this is where mortgage rates are going and it is the best time to buy. These are pure and simply trick a broker or a real estate agent use to get you into buying. There are many professionals who can make mortgage rates predictions based on previous data that suggested a trend. To some
