Rick Smith asked: Fannie Mae (fanniemae.com) and the Mortgage Bankers Association (mbaa.org) published economic forecasts in August 2009 that indicate rising rates.According to Fannie Mae’s forecast, 30 year fixed rates are predicted to increase from the current quarter of 2009 through the end of 2010, with mortgage rates eventually reaching 6% or more.Also, the 10-Year [...]
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Tags: 30 Year Fixed Rates, Commercial Banks, Fanniemae, Life Insurance Companies, Mbaa, Mortgage Lending, Mortgage Rate Increases, Payment Increases, Real Estate Finance, Sitting On The Fence
