Real Estate
Sponsored by

Interest Rate Predictions?

3,393 Views | 13 Replies | Last: 3 yr ago by jja79
ag009
How long do you want to ignore this user?
AG
What's everyone's thoughts for 2023??
CS78
How long do you want to ignore this user?
For at least the first half, rates continue up, even less people can afford to buy a home.
jwf
How long do you want to ignore this user?
AG
Two bumps in the first half of the year
GBMont3
How long do you want to ignore this user?
AG
Which rate? There are a lot of them…
ag009
How long do you want to ignore this user?
AG
Haha very true. Think standard conventional 30 year home loan.
BoDog
How long do you want to ignore this user?
AG
has to go up for this year. Stabilize in Q4 then gradual decline in '24 and '25.
GBMont3
How long do you want to ignore this user?
AG
In that case, I'll say 5.5 at year end.
turkishAg
How long do you want to ignore this user?
AG
Here is MBA's forecast from December 2022

https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-dec-2022.pdf?sfvrsn=b584bf7_1

5.2% for year end 2023
4.4% for year end 2024
Red Pear Realty
How long do you want to ignore this user?
Sponsor
AG
Mortgage rates do not directly track the Fed's target rate but this is a very good tool to gauge the markets perception of rates over time.

https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html
Sponsor Message: We Split Commissions. Full Service Agents in Austin, Bryan-College Station, Dallas-Fort Worth, Houston and San Antonio. Red Pear Realty
jja79
How long do you want to ignore this user?
AG
The mortgage rate market prices in anticipated Fed actions ahead of time.

Track the 10 year US Treasury
It's the best barometer of rates in my opinion.
Red Pear Realty
How long do you want to ignore this user?
Sponsor
AG
Correct, however, the question was "prediction of future rates?" not "what is the rate today?" so the 10 year treasury today will not tell you what rates will be in three months, six months or a year.
Sponsor Message: We Split Commissions. Full Service Agents in Austin, Bryan-College Station, Dallas-Fort Worth, Houston and San Antonio. Red Pear Realty
jja79
How long do you want to ignore this user?
AG
I think op was looking for guesses because no one knows.
Red Pear Realty
How long do you want to ignore this user?
Sponsor
AG
"No one knows". Truer words have never been spoken.

If someone says they know for a fact what interest rates will be, and they aren't already a billionaire from making money of their bets, they are full of it.
Sponsor Message: We Split Commissions. Full Service Agents in Austin, Bryan-College Station, Dallas-Fort Worth, Houston and San Antonio. Red Pear Realty
jja79
How long do you want to ignore this user?
AG
Amen
Refresh
Page 1 of 1
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.