40 Years Of Mortgage Rates [INFOGRAPHIC]
There aree those in some circles that are predicting a decline, albeit a somewhat marginal one in the near future. And as you can see below, it is predicted that mortgage rates will rise as much as another 1%. This begs the question, what is better to do? Wait for home prices to decline while rates go up? Or jump into a lower interest rate environment now? As will be demonstrated in a future post we contend it is the former.