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Open Question: What is the predicted trend for mortgage rates in the next 5-10 years?

Open Question: What is the predicted trend for mortgage rates in the next 5-10 years?

This is a discussion on Open Question: What is the predicted trend for mortgage rates in the next 5-10 years? within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; Any experts out there? I just had a mortgage broker at Chase tell me that they are expecting them to ...

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Mortgage Refinancing If your current mortgage has a high interest rate, you’re stuck in an adjustable rate mortgage, or you want cash out or to consolidate your debt, the answer to your mortgage problems is refinancing. Mortgage refinancing allows you to pay off the remainder of your existing loan by taking on a new loan with better terms. However, there are a number of mortgage refinancing options available to you. And within each of these options, there are particulars you need to be aware of.

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08-26-2008, 06:34 PM

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Open Question: What is the predicted trend for mortgage rates in the next 5-10 years?

Any experts out there? I just had a mortgage broker at Chase tell me that they are expecting them to go to "Carter-Administration" levels: 10-12%! Was he just trying to scare me into refinancing with him? Could it really get that bad???

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