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Finally everyone is starting to get it. Mortgage rates are going nowhere fast, so there is great value in sticking with floating and short-term fixed rates

My prediction for 2010 is “slightly boring” and that extends to mortgage rates. Yes, they will go up, but not enough for you to stay awake at night and break into cold sweats.

Floating mortgage rates have fallen but at the same time fixed rates have increased. What should you make of all of this? What are the implications for future home mortgage rates