Mortgage rates fell to 3.84% in mid-June according to Freddie Mac, but could they go lower? A lot lower? Even the lowest they’ve been in 50 years?
Mortgage rate commentator Barry Habib is making a bold prediction, arguing that rates will reach a new all-time record low, falling even below the weekly 3.31% seen in 2012.
“You have not seen the lows in 10-year treasuries or in mortgage rates,” says Habib. He predicts that in the next 12 months “mortgage rates will be the lowest they’ve ever been.”
Lock in today's low rates. (Jul 1st, 2019)