Does anyone predict the mortgage rates will continue to fall much more?
No one can truly “predict” which way rates are gong to go, however all indications are that as inflation heats up, rates will go up. These factors, combined with the Loan Level Pricing mentioned below and the new Compensation Rule, which is in effect April 1, 2011 and is part of the Dodd Frank Bill, will likely cause an uptick in most consumer’s mortgage rates. If you are planning to buy or to refinance, this would be a good time.
