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I participate in a weekly survey on mortgage-x. For the upcoming week, I said:
Vote: () () Over the next 30 days rates will decline slightly; over the next 90 days rates will decline slightly.
Comment by John C. Glynn: A second-guessing of the ‘recovery’ will put pressure downward on rates, but be careful about the implications of an unwinding Federal Reserve with their asset purchase programs designed to lower rates – they are coming to an end.
Find out what others are saying by clicking here. (hint, looks like I am running with the pack this week…).