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Mortgage Rate Trend Index

 

Will rates go up, down or remain unchanged?

Barry HabibBarry Habib
CEO, Mortgage Market Guide, Holmdel, N.J.
I think rates may make a slight move lower, as stocks appear ripe for a dip.
 
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Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
3.60% 3.52%
15 yr fixed mtg
2.74% 2.71%
5/1 ARM
2.54% 2.57%
30 yr fixed mtg refi
3.58% 3.50%
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At the start of the traditional buying season, housing news is mixed.
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