Friday, October 17, 2008

Rate Trend Index: 10/17/08

Oct. 16 - Oct. 22, 2008

This week, a little more than half of the panelists believe mortgage rates will fall over the next 35 to 45 days. About one-quarter think rates will rise, and a fifth believe rates will remain relatively unchanged (plus or minus 2 basis points).

Panel:

Up:27%
Down: 53%
Unchanged:20%

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