Mortgage rates will continue to rise, haunting home buyers

Projecting the trend for loan rates this month isn’t especially tricky

While we don’t face the threat of any other Federal Reserve assembly till November,

the central bankers’ 75-basis-factor rate growth in overdue September,

coupled with their brand new round of predictions for interest rates

ought to be extra than sufficient to spook mortgage creditors

What’s much less clear is whether or not lenders will front-load the expected will increase

via way of means of unexpectedly ramping up rates in October or if we’ll see an extra slow ascent.

30-year fixed-rate mortgages surpassing and then staying above 6%.