The Washington Post reports that mortgage rates have fallen, but they could be headed up soon.
The future rise in mortgage rates is a theme we’re hearing from industry experts.
At the very least, this could become a self-fulfilling prophesy as more and more experts jump on the band wagon.
Read The Washington Post article: Mortgage rates fall but could be headed up soon.
Mortgage rates continued to bounce around, refusing to pick a course, according to the latest data released Thursday by Freddie Mac.
But Wednesday’s news that the Federal Reserve has begun to lay the groundwork for increasing interest rates likely will have an impact going forward.