Monday, March 15, 2010

Daltonsbriefs northwest indiana homes update

Northwest Indiana Mortgages today


Let's shoot straight today, here's what rates are doing:

Update: watching bonds slide - oops that means rates will be higher on rate sheets this morning. Have you talked to your real estate professional lately? Time to jump!

The bond market looks to open slightly higher, meaning lower rates, but mortgage companies will probably hold at or near Friday rates. That means that for 10 weeks straight we've been at or below 5.25% this year. You all know, those that read regularly, that I don't believe rates can possibly stay this low due to inflationary pressures. The key question is when do they push upward to 5.5% and above?

Go to link for the full article and predictions on market swings this year.

2 comments:

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deirdre g said...

Hi Where I can find the link for the full article and predictions on market swings this year? Thanks.

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