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RateTake.com Economy and Mortgage News Blog

Mortgage Rate Predictions Oct.8-Oct.13

  • above $417,000 for single family mortgage
  • above $533,850 for mortgages on two-family properties
  • above $645,300 for mortgages on three-family properties 
  • above $801,950 for mortgages on four-family properties
  • Mortgage Rate Predictions:

     
    Arrows indicate
    --rates will move higher  --rates will move lower  --rates will remain unchanged
     

    CONVENTIONAL LOAN - Loan Amount to:$417,000

  • $417,000 for single family mortgage
  • $533,850 for mortgages on two-family properties
  • $645,300 for mortgages on three-family properties 
  • $801,950 for mortgages on four-family properties
  •  
    Loan Program

    October Monthly
    Outlook

    +/-

    Monday
    October 9

    Tuesday
    October 10

    Wednesday
    October 11

    Thursday
    October 12

    Friday
    October 13

    40y Fixed Mortgage

    6.375%--6.875%

    6.375%

    6.375%

    6.500%

    6.500%

    6.500%

    30y Fixed Mortgage

    6.000%--6.875%

    6.000%

    6.125%

    6.125%

    6.000%

    6.125%

    15y Fixed Mortgage

    5.625%--6.500%

    5.625%

    5.750%

    5.625%

    5.750%

    5.625%

     
     

    ARM Programs

    Loan Program

    October Monthly
    Outlook

    +/-

    Monday
    October 9

    Tuesday
    October 10

    Wednesday
    October 11

    Thursday
    October 12

    Friday
    October 13

    1 YEAR LIBOR

    4.375%--5.000%

    4.375%

    4.500%

    4.365%

    4.500%

    4.500%

    2 YEAR LIBOR

    4.625%--5.500%

    4.625%

    4.625%

    4.750%

    4.750%

    4.750%

    3 YEAR LIBOR

    5.375%--6.000%

    5.500%

    5.500%

    5.375%

    5.375%

    5.500%

    5 YEAR LIBOR

    5.625%--6.500%

    5.625%

    5.625%

    5.750%

    5.625%

    5.750%

    7 YEAR LIBOR

    5.750%--6.500%

    5.750%

    5.750%

    5.875%

    5.875%

    5.875%

     
     

    JUMBO LOAN - Loan Amount over:$417,000

     

    Loan Program

    October Monthly
    Outlook

    +/-

    Monday
    October 9

    Tuesday
    October 10

    Wednesday
    October 11

    Thursday
    October 12

    Friday
    October 13

    30y Fixed Mortgage

    6.250%--6.875%

    6.250%

    6.375%

    6.375%

    6.250%

    6.250%

    15y Fixed Mortgage

    5.875%--6.250%

    5.875%

    6.000%

    5.875%

    5.875%

    6.000%

     

    ARM Programs

    Loan Program

    October  Monthly
    Outlook

    +/-

    Monday
    October 9

    Tuesday
    October 10

    Wednesday
    October 11

    Thursday
    October 12

    Friday
    October 13

    Jumbo 3/1 LIBOR

    5.625%--6.625%

    5.625%

    5.750%

    5.750%

    5.625%

    5.750%

    Jumbo 5/1 LIBOR

    5.625%--6.250%

    5.625%

    5.750%

    5.750%

    5.750%

    5.750%

    Jumbo 7/1 LIBOR

    5.750%--6.000%

    5.750%

    5.875%

    5.875%

    5.750%

    5.875%

     
    note: Our rates are determined for good credit only. If your credit is less than perfect please consult your lender/broker. RateEmpire.com assumes no responsibility for, and does not guarantee the quoted rates of any goods, services or information provided on this page. Our Predicted rates should be used as a guide.
    Published Sunday, October 08, 2006 9:34 PM by rateempire
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    RateTake.com Economy and Mor...
    RateTake.com provides stock and real estate market news and information. Our blog will provide you with up to date financial information related to mortgage and real estate. Please visit our web-site at http://www.RateTake.com for more real estate news, mortgage indexes, mortgage rates and more.
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