mortgage

Mortgage Rate Trend Index

 
 

Will rates go up, down or remain unchanged?

Bob MoultonBob Moulton
President, Americana Mortgage Group, Manhasset, N.Y.
I think rates are flat for the time being.
Chris SipeChris Sipe
Senior loan officer, Embrace Home Loans, Frederick, Md.
With the election, Fed announcement and jobs report behind us, the market has started to establish a course. Rates have jumped since Friday morning, which I see as an appropriate correction, and I see rates stabilizing at these levels. I see rates being unchanged in the near term.
 
advertisement

          Connect with us
advertisement
advertisement

Blog

Stephen Pounds

Home sales grow at fastest pace in 9 years

New home sales rose 12.4%, reaching a seasonally adjusted rate of 654,000 units. That beats a revised June figure of 582,000 and is 31.3% higher than the July 2015 rate of 498,000 units.  ... Read more

advertisement

Connect with us