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With "Operation Twist" less than a month ago, 30-year mortgage rate has broken below 4.00 %.
Just how low do you think it would go in the next 12 months?
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3.75 to 4.0
3.5 to 3.75
3.25 to 3.5
3.0 to 3.25
lower than 3.0
30-year mortgage rates : How low would it go ?
With "Operation Twist" less than a month ago, 30-year mortgage rate has broken below 4.00 %.
Just how low do you think it would go in the next 12 months?
Re: 30-year mortgage rates : How low would it go ?
My sister in law just refinanced their home below 3%. 2.8% I believe? 30 years.
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Hope+Change (10-18-2011)
Re: 30-year mortgage rates : How low would it go ?
By purchasing a lower rate presumably?
I don't see us going much below 3.75%, but that's manipulated and unrealistic enough.
Re: 30-year mortgage rates : How low would it go ?
You have unrealistic choices-it is possible they will end up paying you to assume a 30 year mortgage.
Re: 30-year mortgage rates : How low would it go ?
All my Fico scores are over 800 and the lowest rates that I could get are in the range of 4% APR once you consider any closing costs. I think we might see 3.5-3.75 APR with all costs.
In addition I am not seeing much lower pricing on new construction in fairly desirable areas. Again it all depends upon where you are looking.
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