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Mortgage Rate Trend Index

 
 

Will rates go up, down or remain unchanged?

Mitch OhlbaumMitch Ohlbaum
Vice president of business development, Mortgage Capital Associates, Los Angeles
We have seen an unprecedented increase in the 10-year rates, causing mortgage rates to soar over the last couple of weeks. I think we have seen all the increases we are going to see in the very near-term, and now we have some "wait and see" about the economy.
 
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Mortgage Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
3.67% 3.62%
15 yr fixed mtg
2.80% 2.76%
5/1 ARM
2.60% 2.58%
30 yr fixed mtg refi
3.65% 3.61%
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