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Mortgage rate predictions for the next five years: What you can expect.

personal finance :: 6hrs ago :: source - yahoo finance

By Hal Bundrick, CFP®

Mortgage rates have been volatile since the beginning of the Middle East conflict. But where are rates headed in the next five years, and should you wait for mortgage rates to fall significantly before buying or refinancing? Mortgage interest rates are determined by several factors, all of which can give us clues about the future. Let's take a closer look at mortgage rate predictions over the next five years.

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