Mortgage Rate Trend Index


Will rates go up, down or remain unchanged?

Greg McBrideGreg McBride
CFA, Senior financial analyst,
The Federal Reserve is poised to drive interest rates lower through a renewed bond purchase program, but the foreclosure moratorium mess is a threat to low mortgage rates.
Michael BeckerMichael Becker
Mortgage banker, Happy Mortgage, Lutherville, Md.
After another disappointing nonfarm payroll report last Friday, we saw mortgage rates drop to new lows. With very little economic news coming out in the coming week and the start of earning season, I expect to see money move from bonds to equities. This will cause a slight rise in mortgage rates.
Dick LepreDick Lepre
Senior loan officer, RPM Mortgage, San Francisco
The Federal Reserve seems to have a new plan, which could be called "Embrace Inflation Now." We are being told that we need an expanded money supply and higher inflation so that people will start spending now, as opposed to later when things are more expensive.
This really looks like a stealthy plan to monetize debt, which may really be their only choice given decades of fiscal irresponsibility. This could turn into a worst-case scenario for those in the housing and mortgage industries. We could see normalization of the price of everything else compared to housing, as the prices of everything except housing increases. I don't even want to think about where this could send mortgage rates.
Tommy XintarisTommy Xintaris
Senior mortgage consultant, Houston
"Quantitative Easing 2" (i.e., printing more money) is most likely going to take place due to the economy not rebounding as it should. Couple this with a weakening dollar, and you are going to see an increase in mortgage rates.

          Connect with us


Claes Bell

Mortgage rates in Los Angeles

See this week's average rates for the 30-year fixed-rate mortgage, 15-year fixed-rate mortgage, 5/1 ARM and 30-year jumbo mortgage in Los Angeles.  ... Read more


Connect with us