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Is the good jobs report going to cause rates to go up? In general if economy is better will the rates go up also ?

by samuelpeters12 from Dallas, Texas. Nov 5th 2010 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Yes, no, and maybe.... That is just one of the many elements that goes into what determines mortgage interest rates. The overall market is very hard to judge. Everyone was saying by now average 30-yr fixed rates would be 5.25% - 5.00%. They jumped up to about 5% a month ago, and have quickly fallen back to around 4.50%. I've long ago given up trying to predict.

Feb 5th 2019
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