what is the future outlook on rates? I have a year left of college and would like to know what to look forward to.
Probably approaching 5.5% to 6% this time next year for 30 yr. JMO. Which is still a good rate but it means a lot more house payment!
What's remarkable is how much they cratered the last couple of years. Rates were north of 20% at one point in the early 80's.