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I am buying a new home. What is the 30 yr fixed rate mortgage forecast for the next month (May-June)?

May 20, 2008 by ????? | Posted in Renting & Real Estate

What I am really asking is, does the forecast for interest rates predict a continued drop in mortgage rates for the next 30 days? Trying to decide when to lock in. Thanks

I picked up a 5.75% rate. (new mortgage)

Home prices are expected to drop by as much as 10% next month.

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