Mortgage Rate Predictions

I think they'll stay where they are. They need every incentive /equalizer to get people into homes.

Pretty much, Housing is a ways away from recovery.

No rate prediction here, but I have heard the opposite as far as incentive goes. A slight rate spike could bring buyers who are on the fence into the market.

That's what I was thinking too. I think for the short term it would flood the market with buyers to get in, in the fear of rates going even higher.

FWIW, I heard this from an economist in the industry, but yeah I understand the logic is a little backwards. As the saying goes, economists are like weathermen, all they have to do is forcast, not necessarily be right.