Already on ArticleSlash?

Forgot your password? Sign Up

Mortgage Rates Predictions

 


Visitors: 158

Knowing the mortgage rates predictions is a very smart way to know when it is the best time to apply for your mortgage, because you can easily get the best rate and save money.

Also you can also benefit from this information as a mortgage lender by knowing when the rates will go up and when down, so you know it is most profitable for you to lend your money or keep it to yourself.

But here is a very important question. . .

How Can You Accurately Predict Mortgage Rates?

Before you are able to predict the rates effectively and correctly, you need to know what makes the mortgage rates go up or down.

There are several factors having an effect on the rates. One of them is the stock market.

If the stock market is doing very good and gives high profits overall, many investors will put their money in the stock market and few lenders will be available for mortgages.

So naturally, the rates will go higher because there are still many people to borrow money but few mortgage lenders.

But on the opposite side, if the stock market is not doing good more people offer their money as mortgages so the rates will go down.

Another factor is predicting mortgage rates is the Forex market (Foreign Exchange).

What's more, the current mortgage rates also play a big role on the changes that may happen. So knowing the current rates is totally necessary for you to be able to predict them in the future.

How Reliable Are Mortgage Rate Predictions ?

As you know, no prediction is 100% accurate. This even goes for something as easy as predicting the weather tomorrow.

So in the more complicated world of finance and mortgages, it happens sometimes that even the best experts make a wrong prediction too.

But still, it is wiser to plan your mortgages in advance with a reliable prediction rather than just going trusting chance and luck.

Have a bad credit? You can also get Bad Credit Mortgage Loans easily and fast. Check out this guide to find out how!

(385)

Article Source:


 
Rate this Article: 
 
Current Home Mortgage Interest Rates Get the Best Deal by Keeping Up With the ..
Rated 4 / 5
based on 5 votes
ArticleSlash

Related Articles:

Mortgage Rates Predictions - Will the Bail Out Help?

by: Lyn Collier (September 29, 2008) 
(Finance/Mortgage Refinance)

Are Mortgage Rates Predictions Accurate?

by: Julita Viola (July 02, 2008) 
(Finance/Home Equity Loans)

Mortgage Rates Predictions a Good Thing to Do

by: Julie Viola (July 06, 2008) 
(Finance/Mortgage Refinance)

Arizona Mortgage Refinance Rates - Lower Rates Reduce Mortgage Payments

by: Ken S (March 16, 2008) 
(Finance/Mortgage Refinance)

Current Mortgage Rate Predictions

by: Mark Bennett (July 22, 2008) 
(Finance/Mortgage Refinance)

Why Jumbo Mortgage Rates Are Higher Than Conventional Loan Rates

by: John N. Moneypenny (December 09, 2007) 
(Finance/Mortgage Refinance)

What Factor Influences the Mortgage Interest Rate Predictions?

by: Zul Wafiy (July 03, 2008) 
(Finance/Mortgage Refinance)

Mortgage Rates Stay Sky High Despite Swap Rates

by: Andy Adams (July 08, 2008) 
(Finance/Mortgage Refinance)

Mortgage Brokers in Canada Their Role in Getting You the Best Mortgage Rates

by: Kelvin Mangaroo (June 24, 2008) 
(Finance/Mortgage Refinance)

Current Home Mortgage Interest Rates Get the Best Deal by Keeping Up With the ..

by: Yvonne Suzannah (July 07, 2008) 
(Finance/Mortgage Refinance)