Do you think the mortgage rates will get better this year?

I come out of a fixed deal in August 2008. What are my chances of the mortgage rates being a bit better by then?
I live in the UK.

By | 2013-08-26T17:18:51+00:00 August 26th, 2013|Mortgages Home Loans Interest Rate|4 Comments

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4 Comments

  1. C c August 26, 2013 at 7:33 PM - Reply

    Sorry but it is election year. No one can predict. But the reality is in August you need a lender. so I would call a few Banks like flagstar bank Get buddy buddy with them so you can lock in when it is at a rate you want. Last time I looked the rates were not to bad. Watch your points.

  2. VaTreasures August 26, 2013 at 6:42 PM - Reply

    Mortgage rates in the US seem to be near their historic lows. If you had a couple years it might make sense to let rates ride. It probably is a good time now to look at your financing options, so you can get something before your rate resets.

  3. wenz_underground August 26, 2013 at 5:44 PM - Reply

    no….
    mortgage this year will get worst

  4. BIG DAWG EATS August 26, 2013 at 5:31 PM - Reply

    Yes, the fed will drop rates another point over the year. Mortgage rates will also drop, but it isn’t tied directly to the fed rate.

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