Will the rates go sideways for the rest of the year?

Rates are very volatile and unpredictable.. however, there is probably a greater propensity of rates going up than down.. if your happy with your rate, you should lock it in.. .. 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

Trying to outguess rate movement is a losing proposition. Altough I don't believe rates will change much in the next few weeks, I always advise my clients to lock if they can live with what rates are now and don't look back. (If you want to gamble with your money go to Vegas with an amount you are willing to lose, don't gamble with your mortgage!)

It's literally like trying to guess what the stock market will do. Anyone who truly knows is too busy making money betting on it - and they are probably fooling themselves. There are too many unknowns that can result in a swing one way or the other. We offer a 1-time free floatdown, so customers can lock and know that if rates move significantly down they can take advantage of the change.

While it is impossible to predict exactly what direction rates will go, it is likely they will go up instead of down. If you are in the market to purchase or refinance, make your move sooner rather than later to avoid missing out on lower rates. We are a California mortgage banker located in San Diego, feel free to give us a call at 858-605-0952 to explore your options for a home purchase or refinance.

It is difficult to predict the mortgage interest rates. The market keeps on fluctuating. Depending upon that the mortgage interest rates also fluctuate. If the present interest rates are affordable for you, then you can lock them and close your loan.