Will Mortgage Rates Go Down in 2010?

anyone with an opinion on whether or not interest rates will go down even lower in 2010, or if they will remain the same? i have talked to so many people and everyone has a different opinion on the subject. some say Mortgage Rates will stay the same, others say they will go down in 2010, and still others think they will be on their way up in 2010.
What is your word? Mortgage Rates go down even lower?

asked by Noah in Personal Finance | 4067 views | 12-13-2009 at 08:08 PM

Mortgage Rates are expected to be around 1.8% for 2010. However, there is a significant amount of uncertainty compared to previous years due to the fallout from quantatative easing.
So it's hard to affirm they will go down in 2010.

It's impossible to know where mortgage rates are going. I wouldn't even hazard a guess, although I will say that it's unlikely they will go much lower. For more mortgage help, I'd encourage you to read through some of the articles at Bankrate's mortgage page.

answered by Mars | 12-13-2009 at 08:23 PM

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