Greg McBrideCFA, Senior financial analyst, Bankrate.com
Mortgage rates are unlikely to move much until the Aug. 6 employment report.
Holden LewisSenior reporter, Bankrate.com
Mortgage rates seem to have hit an equilibrium point. That they have come to rest at record lows is amazing.
Michael BeckerMortgage banker, Happy Mortgage, Lutherville, Md.
Earnings season has provided a boost to the stock market, yet the risk-averse still seem happy to buy and hold Treasuries and mortgage-backed securities. This has kept mortgage rates from rising despite the good earnings reports. I think the flight to safety will continue and I don't see much movement in mortgage rates.
Derek EgebergCertified Mortgage Planning Specialist and branch manager, Academy Mortgage, Yuma, Ariz.
Bonds have held their ground versus the equity market. This continues to be a good time to buy or refinance.
Chris KarageorgeSenior home loan adviser, Universal American Mortgage Company, Wayzata, Minn.
I see no reason why the current "straight line" won't continue for another week. I would still lean toward locking if you can. Set it and forget it.
David KuiperMortgage planner, First Place Bank, Holland, Mich.
Mortgage rates are firmly entrenched at all-time lows for the time being. Continued high unemployment and uncertain consumer confidence continue to support the range that rates are in today.
Even though there is no immediate concern for rising rates, it is also not the time to get complacent. There is SO much pent up waiting for any hint of economic recovery that at the first glimpse of an upturn, we'll see rates react negatively with great speed and volatility. Take advantage of "Christmas in July" while you can.
Jeff LazersonPresident, Mortgage Grader, Laguna Niguel, Calif.
It's unreal that white-hot rates are hovering around 4 percent and there is only moderate interest in borrowing for mortgages across America. America needs to take a happy pill. For those who can qualify, please do not take these good times for granted.
Mitch OhlbaumLoan officer, Bank of America, Los Angeles
The 10-year Treasury is currently at 3.05 percent, which is slightly above where we would like it. Falling consumer confidence, lack of new jobs and the falling stock market give little reason for rates to do much of anything.
The Federal Reserve is certainly not going to increase rates and the market is certainly not demanding higher rates on anything. As I said last week, this is going to be a wait-and-see game for the next few months -- the market will be looking for any good news.
Jim SahngerMortgage consultant, Palm Beach Financial Network, Stuart, Fla.
It's difficult to see anything short term that could significantly change sentiment out there. That said, it's also difficult to see where rates would go lower.
The only real risk exists on the side of rates going higher. I see that happening, but not a lot before next Wednesday, when this survey is taken again.
Chris SipeSenior loan officer, Embrace Home Loans, Frederick, Md.
Although risk continues to outweigh reward at these levels, I see rates remaining stable in the near term.
Tommy XintarisSenior mortgage consultant, Houston
With the last few weeks coming in primarily unchanged, I'm expecting to see the same trend for the upcoming week. Borrowers must remember that while mortgage rates are stable, they can turn for the worst at any given time. So keep in touch with your mortgage professional on a day-to-day basis. There is much more room for rates to get worse than better.