Bankrate.com Mortgage Trend Index (August 23, 2007)

I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week's survey is now available. 0% of participants predict rates will increase 69% of participants predict rates will decrease 31% of participants predict rates will remain unchanged I am predicting that rates will decrease over the next 30 days, but that doesn't mean you should necessarily follow my advice when choosing whether to lock a rate, or float it. My advice may not be appropriate for...

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[Source: The Mortgage Reports Blog]