Mortgage Rates Predicted To Drop To 3.3%

[RCA]

Well lots of good news and more coming?

NAR's Yun: Mortgage rates may tumble to record 3.3% by 2019's end - HousingWire

Fixed mortgage rates could fall to 3.3% by the end of the year as the nation’s economy slows, according to Lawrence Yun, chief economist of the National Association of Realtors. That would put the rate just a smidge below the 3.31% seen in November of 2012 – the lowest average for a 30-year...

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The Fed Will Probably Cut Rates Today. What Comes Next Matters More.

The market expects the Federal Reserve to cut interest rates by a quarter-point on Wednesday. Investors should be watching for clues about whether this “midcycle adjustment” to monetary policy will get more aggressive.

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The market should be very active going into 2020.

2020 is going to be a good year.

 

[Terrel L. Shields]

World wide we are in a mild recession and foreign countries have driven interest rates so low we are being stuffed with cash from overseas. We have to drop our interest rates to avoid holding everyone else's cash. The economy will rebound when China decides to make a deal. They are the linchpin of the whole thing. They have stolen and stolen and now they don't want to "lose face" even if it hurts their own captive economy