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Will 30 year fixed rate mortgage rates ever go down?

Everybody keeps saying that the economy needs a jump start - well, I am certainly willing to do my part and spend more once I have refinanced my current mortgage. However, it seems like the 30 year fixed rates continue to hover around 6-6.25%. Is there


Just like everything else they will go down and they will go up. I have been in real estate 30 years and seen a lot of things happen that "everyone" said would never happen.

A practical answer to the question I think you are

CBA cuts fixed mortgage rate

Australia's largest lender, the Commonwealth Bank, has cut its fixed mortgage rate. See more at www.tennews.com.au

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