Given the dimwits currently in charge of economic policies, it is not unlikely that rate will go down in order to afford additional mortgages to be issued to individuals who are in no position (credit-wise, economically, financially, employment-wise, or responsible) to take on a mortgage that will not foreclose within 24 months. Taxes will be raised for another bailout of the attempt to "stimulate" the mortgage market. Concern is primarily given to what it looks like and not what is actually is, which appeals to the many Americans who lack any kind of economic education. There has been talk of lowering rates to boost the market, but anyone with any solid economic background knows, this is not the answer. Sadly, the Obama administration does not include individuals with solid economic backgrounds.