Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - What's your forecast for mortgage rates for the next 12 to 18 months? Advice wanted.

Jedi Ninja · 05-07-2009, 04:05 PM

It is pretty much impossible for rates to go any lower than they are now, so they can only go up. It's the "when" that is impossible to say. The prime rate will probably remain unchanged for the next 12 months, but as soon as there is any whiff of inflation, that 5 year, 3.8% rate that you can get right now will be gone and will never be seen again in our lifetime.

05-07-2009, 04:05 PM	#4
Jedi Ninja Scoring Winger Join Date: Mar 2009 Exp:	It is pretty much impossible for rates to go any lower than they are now, so they can only go up. It's the "when" that is impossible to say. The prime rate will probably remain unchanged for the next 12 months, but as soon as there is any whiff of inflation, that 5 year, 3.8% rate that you can get right now will be gone and will never be seen again in our lifetime.