Where Are Mortgage Rates Headed?

     I think no matter what happens with the debt ceiling, rates will be headed upward.  If an agreement happens on the debt ceiling, then the Federal Reserve will start not buying bonds, which will make long term mortgage rates go higher.  If no agreement is reached on the debt ceiling, then rates will go up because of that.  My recommendation is to lock in now.

Please know this is a personal opinion and you might have a different view.  Right now rates are down slightly, which makes it a good time to lock in for your home loan.

Submitted October 8, 2013

Rhonda Sherman, Dependable Mortgage Company

Rhonda Sherman

For more information on
mortgage rates for your home loan,

I can be contacted at:

Dependable Mortgage Co.

Rhonda Sherman, Owner
License # 100008357  NMLS # 381084
145 Grand Avenue, Suite B
Grand Junction, CO 81501
Office: (970) 257-1502 or Cell: (970) 250-8613
Website: Dependable Mortgage Co.

Regulated by the Division of Real Estate
An Equal Housing Lender

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>