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Roger Rabbit, Mortgage Originator
(888) 777-9999


Forecast for the week of September 14, 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 slightly better


Average mortgage rates among lenders were slightly better than the previous week, but the improvement was mainly in better rebate pricing (the credit a lender gives towards closing costs or the cost to buy down to a better rate).

This Week's Mortgage Rate Forecast

Rates will remain low


Average mortgage rates will remain low this week, but are likely to end the week near the same levels. With a Fed meeting and lots of economic data, we could see some small movements from day-to-day, but rates shouldn't move too much one way or the other.

What's affecting rates this week:

  • Economic data: Despite no data on Monday, the rest of the week has a lot of economic data that could cause small movements in the underlying markets that control mortgage rates.
  • Economic stimulus: The Fed continues to buy Treasuries and mortgage bonds, helping to keep rates stable and low.
  • Fed Meeting: The two-day Federal Open Market Committee meeting concludes Wednesday with a Fed policy and rate statement, and is the event most likely to cause any movement in rates this week.
  • FHFA Fee: A government fee from the Federal Housing Finance Agency that increases the costs of a refinance. Discuss this one with your mortgage professional.

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

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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