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A majority of mortgage specialists anticipate charges to rise within the coming week (Feb. 18-24). In response to Bankrate’s weekly ballot, 62 % stated charges will go up, and 31 % stated they’d stay the identical. Simply 8 % stated mortgage charges will decline subsequent week. Calculate your month-to-month fee utilizing Bankrate’s mortgage calculator.
Fee pattern index
Specialists predict the place mortgage charges are headed
Week of Feb 18 – 24
Specialists say charges will …
Go up
62%
Keep the identical
31%
Go down
8%
The robust half can be not panicking and paying an excessive amount of to chase a fee from per week in the past.
— Gordon Miller, Miller Lending Group
8% say charges will go down
In regards to the Bankrate.com Fee Pattern Index
Bankrate’s panel of specialists is comprised of economists, mortgage bankers, mortgage brokers and different business specialists who present residential first mortgages to customers. Outcomes from Bankrate.com’s Mortgage Fee Pattern Index are launched every Thursday.
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