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are 30 yr fixed mortgage rates going to go down or up tomorrow (nov 22nd, 2013)

by rachnakalra88 from , California. Nov 21st 2013 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

No one has a crystal ball, and there's not any real market moving financial news expected to be released tomorrow, only the "Job's Opening" report which is generally not a market mover.. so it's really anyone's guess.. today has been mostly flat, and yesterday was a big selloff, so it's possible we might see a slight rebound from Wednesday's selloff.. but regardless of what happens, the market shouldn't make any huge moves where it would seriously affect mortgage rates.. if your happy with what you have now, you should lock in and stop worrying.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Nov 21st 2013
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions

If I knew for sure, I could retire... William is correct, not much major news expected that would move rates but this week they are up from last week/or earlier this week.

Nov 21st 2013
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

Voting on this site says rates will go down.

Nov 21st 2013
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Hold on... Let me check my crystal ball... Hmmm... No answer.... That is because no one knows. There are many variables that factor what rates may or may not do. Then even if we look at what reports and information is supposed to come out that may effect rates, something may appear out of left field to throw it a different direction. My advice is to not be piggy. Pigs get slaughtered at the market.

Nov 21st 2013
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Sean Young (SeanYoung)
#1 ranked lender in Colorado - 1,112 contributions

Unfortunately there is no way to know for sure. And who uses crystal balls anymore?I use the time tested Magic 8 ball and appropriately it says "can't say now."

Nov 21st 2013
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Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

Probably up. The more talk there is about the eventual reduction in the Feds buying Mortgage backed securities the more skittish investors become. That usually creates an upward pressure on rates. GO ahead and lock and stop worrying. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Nov 21st 2013
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