FHA Home Mortgage Loan Interest Rates

5 Responses to “mortgage rates what do you think will happen in the near future?”

1. Baby no.2 Sydney due anytime now says:

   January 2, 2010 at 10:03 am

   They are going to go up, and loans are going to be very hard to get you can give thanks to the dumb (but not all) lenders for giving people lines of credit they could not afford..
2. NanaNina says:

   January 2, 2010 at 11:01 am

   Now is the time to buy. Don’t wait until the rates go up. After this bailout the rates will certainly continue to go up because they will need to compensate somehow that $ loaned to those companies in financial distress.
3. RM says:

   January 2, 2010 at 11:23 am

   Rates probably will be rising graudally over the next few years. If you have a rate right now that you can afford, lock it in, don’t risk it going up.
4. suz says:

   January 2, 2010 at 11:45 am

   You definately need to go ahead and lock now. Mortgage rates are very instable now. I would not wait on them to fall you might end up with a higher rate trying to play the market. The mortgage banking community has never weather a situation like we are currently in. All indications are that rates are going to rise at a slow rate. An FHA mortgage is a excellent way to go. Get your rate locked in and delight in your new home.
5. godged says:

   January 2, 2010 at 12:14 pm

   Rates cannot stay this low for long, it is highly unlikely that they will go any lower than they are right now. Lock in if you can.

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