#Blog #Economic Update #Featured #Home Loans #Mortgage Answers #Newsletters SOOTHSAYERS & INTEREST RATES October 23, 2014 By Diane Gerdes Wallapalooza! Look at these mortgage rates! How can this be? The soothsayers predicted 2014 rates in the 5’s or 6’s. They also predicted high gas prices, peace on Earth, and technological advances to prevent cataclysmic diseases.