Steven LevittVice president of mortgage lending, Guaranteed Rate, Chicago
Mortgage bonds are losing ground after today's meeting. With uncertainty about tax breaks still being debated in Washington, rates will rise slightly higher in the next week. However, rates will remain in the low 4s, making it an opportune time to refinance or purchase a home.
Tommy XintarisSenior mortgage consultant, Houston
With the Federal Reserve committing to purchase around $110 billion of mortgage-backed securities per month, the potential for deflation, and mortgage bonds trading below a very important level of support Wednesday, I'm expecting mortgage rates to increase slightly in the upcoming week.