Benchmark Mortgage Advises on Future Mortgage Rates After Biggest One Week Jump in 26 Years
The announcement by Ben Bernanke last week led the market to a frenzy involving many key movements including the historic one-week jump in 30-Year fixed loan from 3.93% to 4.46% according to Freddie Mac. The branch manager of Benchmark Mortgage, a company based out of Woodland Park, Colorado that offers various mortgage programs and services, Diane Beaumont has published her analysis on the recent drastic mortgage rate movement and has given her opinion on how rates will pan out in the following week.