Mortgage Rates Forecast – Where Will Interest Rates Go in August?

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	Mortgage Rates Forecast – Where Will Interest Rates Go in August?

jwojdylo

7-19-2009 11:30 PM

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<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/85fa6d63-df05-4452-a7ed-99a80cf31fbb/CB4E9D53-BDC5-495D-B994-A2A4D1F49EB0/" 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-rates-forecast-where-will-interest-rates-go-in-august/" href="http://www.subprimeblogger.com/mortgage-rates-forecast-where-will-interest-rates-go-in-august/" 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-rates-forecast-where-will-interest-rates-go-in-august/"><H2 class="post-title">Mortgage Rates Forecast – Where Will Interest Rates Go in August?</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-rates-forecast-where-will-interest-rates-go-in-august/"><P>The current mortgage rates forecast may have greatly changed last week.  When looking at a <A href="http://stockcharts.com/h-sc/ui?s=$TNX&p=D&b=5&g=0&id=p23605087759">six month chart</A> of the ten year treasury yield, you can see that a lower upward trendline can be drawn right at the bounce that occured last week.  To make this even more convincing is the fact that the 50 day moving average served as a level of support on Friday.  Now that the 10 year yield is at 3.65% and likely to move higher towards 4% we are likely to see higher mortgage rates.</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/CB4E9D53-BDC5-495D-B994-A2A4D1F49EB0/blog/" title="blog or email this clip"><img src="http://content9.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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