Foo - Mortgage rates

Anybody know a good mortgage rate analysis website with some keen information regarding rate predictions?

I've found bankrate.com, but am wondering if there's a similar source...

Any help would be greatly appreciated! Oh yeah, you can give your own personal opinion also, I won't take it to heart ;) I'm curious what will happen Wednesday with Obamas stimulus plan... as a new home buyer that just bought a house, I'm afraid to wait for too long to lock in my rate. My thought is that the rates will be going up.

I haven't found anything more useful than bankrate.com, and watching the rates of lenders I'd consider using, although I wouldn't be surprised if there's subscription stuff available like real estate agent oriented magazines or sites.

I suppose rates might jump a little after Wednesday, but not more than a quarter percent. The federal rate is still almost nothing, and lenders won't raise rates until they know they can still sign mortgages or if they find their costs are too high. There shouldn't be any surprise costs cropping up right now.

I can't see rates getting much lower than they are now. If it were me, I'd be locking in right now. Even if they do drop, it won't be by much, and that will just be the cost of a little peace of mind.

Anybody know a good mortgage rate analysis website with some keen information regarding rate predictions?
Market rates typically reflect any events that are expected. The only time this is not true is when something other than what was expected happens.

They're not going to zoom way up or down more than a little bit in the short term.

If you've already bought the house, then the interest rate is set...surely you didn't go variable.

Michael

If you've already bought the house, then the interest rate is set...surely you didn't go variable.

Michael

Oh no, I definitely didn't go variable! But the interest rate is not set yet! I have/had an option of a 60 day rate, 45 day rate, and a 30 day rate (days prior to closing date). Right now I'm within the 45 day rate, which of course isn't as good as the 30 day rate. Eh... I have no idea if I should wait 15 days. It could change quite a bit in 15 days... I think.

It feels like a game of Russian roulette.

This isn't like a couple years agao where rates were all over the place. They won't go up or down much at all because they are so low already. Do whatever puts your mind at east. If they go up, remember interest is a tax deduction.

I went variable when I renewed in August. Best decision I could have made. My rate is crazy low (and dropped a couple of times since then). I also have the option of locking in with a fixed rate if things start getting better. Of course, the fixed rate will be way higher - but still. It made the most sense for me.