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Roger Rabbit, Mortgage Originator
(888) 777-9999


Forecast for the week of August 31, 2020

Please enjoy this complimentary mortgage rate forecast to keep you informed of where interest rates may be headed, to help you gain the advantage when securing low rates and payments.

Last Week's Mortgage Rate Recap

Rates improved slightly


Average mortgage rates among lenders improved slightly last week as was forecast, with most lenders ending the week with slightly better rates than when the week began.

This Week's Mortgage Rate Forecast

Rates will remain low


Average mortgage rates will remain low this week, and although we are not likely to see rates move much lower, we could see slightly better rebate pricing (the credit a lender gives you towards your closing costs or the cost to obtain a better rate, usually referred to as 'points'). There is a small window for those homeowners who have not yet refinanced to take advantage of low rates before the recently delayed FHFA fee is going to be reimplemented. Contact your local mortgage professional for details and to find out if now is the best time for you to consider refinancing.

What's affecting rates this week:

  • Economic data: Not much data early in the week, but Friday's jobs data could affect rates heading into the weekend.
  • Economic stimulus: The Fed continues to buy Treasuries and mortgage bonds, helping to keep rates stable and low.
  • Market technicals: The 10yr Treasury and mortgage bonds are signaling that we could see rates improve slightly this week.

If you would like to discuss interest rates further or find out the benefits of locking your rate today, please contact your mortgage professional at (888) 777-9999 or

Interest Rate Forecast and Commentary provided by:


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All information provided is for informational purposes only, and we assume no responsibility to any person who relies on information contained in this report, and disclaim all liability in respect to decisions or actions or lack thereof based on any or all of the contents of this report.

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Hammer Solutions, LLC 260 Leaping Cat Ln Waynesville, North Carolina 28785 United States (973) 200-6808