When can we expect the mortgage rates to fall again?

Rates have already gotten better in the past couple weeks after their large increase. I regret to say that we have probably hit bottom. Rates are still very low, though and I wouldn't wait to apply expecting them to fall again. If you have a mortgage banker that watches the market, you will want to float instead of locking your rate right away. This way they can watch it and lock when they expect rates are low for that time period. Rates depend on a variety of things and change multiple times a day so it is difficult to know exactly what will happen. I am a mortgage banker in California. If you are in California feel free to contact me and we can go over your individual situation. Call me at 858-412-0712 or email me at adrielle@californiamortgagedirect.com.

I wouldn't plan on rates falling much if at all. Even though the increases have been substantial, historically speaking they are still very low. Rates in our opinion have a better chance at continuing to rise then go down.Call us or email us at 201-962-3555 or Team@BestMortgageOption.com for ano cost no obligation analysis of your situation ask for Michelle or Benny. We will find the Best Mortgage Option to suit your needs! Check us out at www.BestMortgageOption.comAsk us about the awesome discounts we offer heroes as a Homes for Heroes affiliate!

The market has already started to correct itself and rates are slowing improving from the last few weeks increase. There is no way of predicting how low or high they will go.Rates are subject to market conditions on a daily basis.

As Lynda noted, the market has already made some of its correction from this huge short time increase. We would expect that there may be somefurther correction, but depending on the loan program, DTI, and credit scores, we do not expect 30 year loans to drop much more. That meansthe floor we are expecting is in the 4-4.25% -- 4.5-4.75%ranges (lower range for government backed, higher range for non government backed.) Your local, licensed mortgage professional can help you understand what the best rate is you can expect, based on your individual situation.

Rates have been slowly improving, but unfortunately there is no way to know if they will go down again. Experts have been saying that rates would be increasing at some point this year, but I don't think anyone expected it to rise so fast in such a short period of time. Like you, I really am hoping for a decrease in rates. Best wishes and good luck.

Rates have already started to fall. It may not be in the rate but the yield spread. So as a borrower you may not notice as much. They are not going to go down to where they used to be. The new norm for the 30 year fix is 4.5% and may continue to rise by the end of the year. Home values are rising and Home sales are improving dramatically. Time to make a move before its too late!

Rates have already gotten better in the past couple weeks after their large increase. I regret to say that we have probably hit bottom. Rates are still very low, though and I wouldn't wait to apply expecting them to fall again. If you have a mortgage banker that watches the market, you will want to float instead of locking your rate right away. This way they can watch it and lock when they expect rates are low for that time period. Rates depend on a variety of things and change multiple times a day so it is difficult to know exactly what will happen. I am a mortgage banker in California. If you are in California feel free to contact me and we can go over your individual situation. Call me at 858-412-0712 or email me at adrielle@californiamortgagedirect.com.

Run from ANYONE that tells you they know the anser to that question.

No One knows the answer to that question. one can only speculate.

While rates have gotten better since their recent jump, they are not expected to go back down to where they were before. Consider taking advantage of current rates instead of risking getting an even higher rate in the future.

The trend is up. Don't wait too long. Be ready, and catch the first dip that meets your needs.

Every one hopes they come down but they were artificially brought down and the speech has been made that the feeding trough is coming to an end. If you want to gamble and wait is fine but I have eight files on my desk that gambled the same way and now they don't qualify. Unfortuenately with mortgage rates it's NOT what goes up must come down and the forecast and reality if that they will go up. Right now it's a question of When and not If they will go up. Take advantage of what is in front of you know.

Without going into all the details, the worldwide economic setup that allowed for the lowest interest rates in history is unlikely to ever present itself again. The last time rates were that low was in the 1950's.... maybe they will come down again in 2063... Maybe tomorrow. - but unlikely. Holding out for 30-yr fixed rates below 4 is a fools game.

I think you've missed the low ...