I am predicting that rates ordain change magnitude 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 your individual situation.
From the Bankrate com survey (and I got a little wordier than normal this week):
"The groups that helped act rates low by buying mortgages are staying on the sidelines for now. The best way to draw those groups approve is to offer them higher rates on their investments."
If you are shopping for mortgages. I always advise that you lock your rate as soon as possible. There is too much downside risk to
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Forex Groups - Tips on Trading
Related article:
http://www.themortgagereports.com/2007/08/bankratecom-mor.html
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