Current mortgage rates predictions for the USA are that mortgage interest rates will remain at historically low levels until after the Federal election in November, and then begin to rise sharply. Home owners in the US may not feel that mortgage interest rates are at historically low levels, because there has been a slow upward creep in interest rates over the past two years, and current mortgage interest rates are higher than they have been since early this century.
However, this view is only viable for those with short memories - and the very young. Not since the 1960s has there been such a sustained period of low mortgage interest rates.
Mortgage interest rates predictions are on the rise, because of a number of important economic pressures.
Mortgage Rates Forecast
Today's Mortgage Rates
Read more about mortgage interest rates predictions at EmergencyRefinancing.com
Mark Bennett is a staff writer for Money Talks, and contributes regularly to other financial sites. This article is part of his series on refinancing, which can be seen at EmergencyRefinancing.com.