30 Year Mortgage Interest Rate Forecast
30 Year Mortgage Interest Rate Forecast
30 Yr Conventional Mortgage FHLMC Contract Rate. Percent Average of Month.
| Apr 2008 |
May 2008 |
Jun 2008 |
Jul 2008 |
Aug 2008 |
Sep 2008 |
|
| Forecast Value | 5.86 | 5.78 | 5.64 | 5.67 | 5.53 | 5.69 |
| 50% Correct | 0.25 | 0.31 | 0.35 | 0.38 | 0.41 | 0.43 |
| 80% Correct | 0.42 | 0.52 | 0.58 | 0.64 | 0.68 | 0.72 |
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30 Year Conventional Mortgage Interest Rate
Past Trend Present Value & Future Projection
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Current Money Rates |
|
| May 09, 2008 (Close of Day) | |
|
Indicator |
Value |
| Prime Rate | 5.00 |
| 30 Year T-Bond | 4.50 |
| 10 Year T-Note | 3.79 |
| 91 Day T-Bill | 1.66 |
| Fed Funds | 1.99 |
| LIBOR 3 Month | 2.68 |
| Mortgage Rate 30 Year | 6.05 |