Does everyone think the rates will go sideways from here until end of year?

The market has been a bit volatile here lately and with the Federal Reserve backing off, it's a recipe for rates to rise.. So my advise would be to find something now.. rates will either stay about where they are or go up.. but highly unlikely they will go down.. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

While it's impossible to predict which way interest rates will go, it is recommended that you lock. Rates are only expected to continue rising from where they are now.

If you work with PrimeLending we offer you "lock and shop" option where you can lock the rate then have 45 days to find a home, plus 30 to close after that - and we give you 1x float down if rates happen to get better. Personally, I think rates are heading up at least a little.

Rates have been so low for so long - people have become complacent. My opinion is anyone holding out is foolish. There is very little to no room in today's market for rates to go lower - and gigantic room for rates to go higher.

I would definitely lock in as soon as possible considering the current trend shows an increase in interest rates. The new rules being implemented in January will most likely have an impact on market as well, so interest rates may continue to rise.

I wouldn't predict the rate, that is why I always advise to lock the current rate, if it goes little less, it won't be bad and won't make a difference, but if it goes up, borrowers tend to hesitate and wait while rates go up again.. bottom line, my advise is not to wait for better rates.