Want to skip all of the services that suggest they can tell you whether a borrower should float or lock? Some lenders are paying thousands of dollars a month for a service like this. There's a prompt for that 😄. Sample Prompt I am taking out a 30-year fixed mortgage loan of $600,000 on a new house purchase. Currently, my loan rate is floating. If I intend to close on this mortgage on May 5, 2025, what is the consensus among all known reliable analysts as to chances of rates going down in the next 30 days? Please provide the summary of analysts' perspectives only without a detailed explanation about the challenges of predicting rate movements. Key points: - We used ChatGPT's Deep Research option to ensure this did a thorough assessment. It cited 23 sources including Fannie, Freddie, and Wells Fargo - The results from this prompt on April 2, 2025 were as follows: Analysts and economists broadly agree that 30-year fixed mortgage rates are unlikely to drop significantly over the next 30 days. Most projections from late March and early April 2025 indicate that rates will hover around their current mid-6% level, with only a modest chance of a slight decrease by early May. In other words, the prevailing expectation is for relative stability in the very short term, rather than any pronounced decline