<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/3c1b539d-8b4e-42c4-8e59-b713120464e8/7D31606D-E237-43B0-99D9-51B98592F45A/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.subprimeblogger.com/mortgage-rate-trends-will-the-interest-rate-downtrend-be-broken/" href="http://www.subprimeblogger.com/mortgage-rate-trends-will-the-interest-rate-downtrend-be-broken/" style="font-size: 11px;">www.subprimeblogger.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.subprimeblogger.com/mortgage-rate-trends-will-the-interest-rate-downtrend-be-broken/"><H2 class="post-title">Mortgage Rate Trends – Will the Interest Rate Downtrend be Broken?</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.subprimeblogger.com/mortgage-rate-trends-will-the-interest-rate-downtrend-be-broken/"><P>I have often stated that long term mortgage rate trends are down and have been since 1982 when average mortgage rates peaked around 17%.  Since then, over almost three decades, mortgage rates have worked their way all the way down to around 5%.  There were a few months that interest rates were below 5% but it looks like approximately 5% has been the bottom so far.  With that being said, it seems very possible that the current bottoming process is a rolling over of the long term chart.  If you look at rates from 2002 until now, they have moved sideways for the most part.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/7D31606D-E237-43B0-99D9-51B98592F45A/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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