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Will the 30-year mortgage rate fall this week after the rescue of Freddie and Fannie?

Settled as Yes

Settled as YES

<<Freddie Mac reported Thursday that its nationwide survey found that 30-year, fixed-rate mortgages dipped to 5.93 percent this week, down from 6.35 percent last week>>
http://www.miamiherald.com/business/AP/story/682156.html

Background:

Question created by
Background: The U.S. government announced on Sunday it was seizing control of troubled mortgage finance giants Fannie Mae and Freddie Mac. http://www.reuters.com/article/idUSN0736849820080907 What impact will this have this week on the national average for the 30-year mortgage rate?

Settlement details:The overnight average 30-year mortgage rate as quoted by Bankrate on http://www.reuters.com/finance, on Sept. 13

 
Forecast history %
Yes
81%
No
19%
Settled as Yes on Sun 14th Sep 2008 5:09am PST

Suspend date: Thu 11th Sep 2008 11:59am PST
Settlement date: Sun 14th Sep 2008 5:09am PST
Prediction cut-off: Predictions on this question after Thu 11th Sep 2008 11:59am PST have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 75%

Action history:

Created Mon 8th Sep 2008 7:44am PST by reuters
Suspended Thu 11th Sep 2008 11:59am PST : Suspend date reached
Settled as 'Yes' Sun 14th Sep 2008 5:09am PST by bayoubear[Admin]: Settled as YES

<<Freddie Mac reported Thursday that its nationwide survey found that 30-year, fixed-rate mortgages dipped to 5.93 percent this week, down from 6.35 percent last week>>
http://www.miamiherald.com/business/AP/story/682156.html

Suspend date: Thu 11th Sep 2008 11:59am PST
Settlement date: Sun 14th Sep 2008 5:09am PST
Prediction cut-off: Predictions on this question after Thu 11th Sep 2008 11:59am PST have been voided because they were made after the question could be settled details

 

Predictions (24)

1 year ago
gypsy predicted Yes (H$5,000 at 78%)
1 year ago
bruns_david predicted Yes (H$337 at 75%)
1 year ago
bruns_david predicted Yes (H$20 at 75%)
1 year ago
athex predicted Yes (H$20 at 75%)
1 year ago
manni predicted Yes (H$100 at 76%)

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