Greg McBrideCFA, Senior financial analyst, Bankrate.comThe Federal Reserve is concerned about deflation and that will drive mortgage rates lower.
Holden LewisSenior reporter, Bankrate.comBond speculators will bring rates down in advance of the Federal Reserve's second round of quantitative easing.
Michael BeckerMortgage banker, Happy Mortgage, Lutherville, Md.With mortgage rates on the rise at the end of last week and the beginning of this week, the Federal Reserve came to the rescue. Its statement that it "will provide additional accommodation if needed" convinced the bond markets that further quantitative easing was imminent. Treasury and mortgage-backed security yields dropped, as did mortgage rates. With the Fed standing ready to bolster the economy if needed, I think mortgage rates will drop in the coming week.
Dan GreenWaterstone Mortgage, author of TheMortgageReports.com, CincinnatiThe Federal Reserve Open Market Committee statement pumped hope into mortgage markets.