Mortgage rates - predictions?

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nelly

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Hi All, just wanted to get the discussion going regading the 2 expected hikes in mortgage rates and where you think they might go and why.
We got our introductory rate offer almost a year ago, 2.75 and are now looking at a rate nearer 5. Although we can take the increase for a while before we would be forced to fix I must say its a bit spooky for FTB's.
So, a bit of crystal ball economics please....
 
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