Mortgage Rate Trend Index

Will rates go up, down or remain unchanged?
7 of 15
DecreaseRates are now at the lowest level I have been able to offer in my 24 years of lending. With torturously tight credit underwriting and mortgage delinquencies hitting 14 percent this week, lower rates are the only possible way to keep housing from a total collapse. A pig is a pig, whether it has lipstick or not. Government data about an improving economy is the original lipstick on a pig. I have a dream that regulators and elected officials instill an emergency order to go back to common sense, fair lending. Lenders have become the ("Seinfeld") Soup Nazis. It's just a dream, but a good one nevertheless.

Jeff Lazerson, president, Mortgage Grader, Laguna Niguel, Calif.

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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