Mortgage Rate Trend Index

Will rates go up, down or remain unchanged?
10 of 15
No ChangeThe 10-year is down another 20 basis points to 3.32 percent today just from last week! As I said last week, if the Treasuries remain low, the lenders would follow and that is exactly what happened this week -- lower rates. The market has proven the experts wrong again. There are more than enough buyers of Treasuries and there is no sign of inflation from too much money in the system. Rates should remain low in the near term.

Mitch Ohlbaum, loan officer, Bank of America, Los Angeles

About the Rate Trend Index surveys experts in the banking and mortgage fields to see if they believe certificate of deposit and mortgage rates will rise, fall or remain relatively unchanged. For the deposit index, the panel comprises banks, thrifts and credit unions that directly offer FDIC-insured certificates of deposit to the end consumer. For the mortgage index, the panel comprises mortgage bankers, mortgage brokers and other industry experts who provide residential first mortgages to consumers. Results from's CD Rate Trend Index will be released monthly. Results from's Mortgage Rate Trend Index will be released each Thursday.


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