Looking Ahead at Morgage Rates

Mortgage rates are coming in, making it a good time to get a fix, so to speak, and so says John Crudele in the New York Post. Crudele has won more than a few awards for his Business reporting over the years, and that means being right, even if it's out of step with the main line press.
He writes:
"Since late January the rate on the government's 30-year bond, the one that most resembles long-term mortgages, has dropped from 5 percent to around 4.80 percent. Many things could go wrong, but unless something changes dramatically that should translate into good news for mortgage seekers in the months ahead. So this time around the less than perfect economy could really be better for the housing market than a strong one."