Barry HabibCEO, Mortgage Market Guide, Holmdel, N.J.
Rates have been dropping, but may move a tad higher, short term, before making another move down.
Tommy XintarisSenior mortgage consultant, Houston
Last week, pricing improved slightly. This week, I'm forecasting a spike in mortgage rates since mortgage-backed securities markets have been trading above their 25- and 50-day moving averages for the last seven days.