Yesterday we reported that a Morgan Stanley analyst was forecasting much higher interest rates coming in 2010. The folks over at Subprime Blogger are reporting that a Goldman Sacs analyst came out with an opposing opinion.
These two predictions are on completely different ends of the spectrum when it comes to mortgage rates. Morgan Stanley feels mortgage rates are going to move all the way up to 8% while Goldman Sachs feels mortgage rates are going to stabilize
If nothing else, we can be sure that the current friendly mortgage interest rates are tenuous. If you are in need of a low fixed rate contact us in the sidebar while rates are still relatively low.