Mortgage rates hit another historic low this week. In Bankrate's weekly survey, the 30-year fixed fell to 4.75 percent. If you want to know what this has to do with a certain ice-blonde movie star, you'll have to read the article.
In this week's Rate Trend Index, a plurality of our mortgage experts predict that rates will rise over the next week. I voted "up," too. That's good news for mortgage borrowers, because only 19 of my last 52 RTI predictions have been correct, for a batting average of .365. That's an invitation for the haters to write comments.
So far today, there's little to no change in mortgage rates.
In Bankrate's survey, the average rate for the 30-year fixed in the second quarter was 5.03 percent. It averaged 5.25 percent in April, 5.02 percent in May and 4.85 percent in June.
And follow me on Twitter @HoldenL. Then tell your friends that you follow a dude who's, like, really into mortgages. Photograph the expressions on their faces as you tell them this.