Friday, March 16, 2007

Mortgage Rates Keeping a Low Profile

A low profile as in low rates, that is. Experts say that the economy is slowing and that should keep mortgage rates down. Economic indicators are a good measure to gage these numbers. I recommend keeping an eye on the current state of the economy and there related mortgage rate benchmarks. If for example, the economy can avoid slipping into a recession this year, mortgage rates could actually rise slightly over that period of time.

We'll keep a watch on it for you here at Chicagoland Homes. For a quick reference, head on over to the sidebar of this blog for current mortgage headlines and rates.

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